Fletcher's Three Kings quarry may be for sale for $150m

By Jenny Ruth
Jan. 9 (BusinessDesk) - Fletcher Building has confirmed it is receiving both “solicited and unsolicited” bids for its Three Kings quarry development, in response to rumours that it may be looking to sell the Auckland site for $150 million
Harry Doig, chair of the Puketapapa Local Board, which encompasses the Three Kings suburb of Auckland, confirmed to BusinessDesk that he had heard the same rumour, including the same price.
Fletcher would not discuss valuation but a spokesperson said:“We continue to receive solicited and...
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