Calls grow for resignations at Fletcher
Fletcher Building chair Bruce Hassall is under pressure. (Image: Supplied)
Corporate New Zealand is agog at the drama unfolding at Fletcher Building, with one merger and acquisition specialist describing the company’s statements to the NZ and Australian stock exchanges as “unprecedented”.As well as the fact that the Australian securities exchange (ASX) published the whole disclosure while the NZ stock exchange (NZX) held some details back, the announcement before Wednesday’s half-year earnings result that chief executive Ross Taylor is “considering his position” has stunned observer...
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