Vulcan (ASX: VSL, NZX: VSL) advises that the key conditions in the sale and purchase agreement with Gilbert Ullrich (the founder and owner of Ullrich Aluminium) have been satisfied and that the purchase of 100% of the shares in Ullrich Aluminium Co Limited
(NZ company number 47279) has been completed, effective from 1 August 2022.
The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.
Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.
The bus operator's net loss widened from $8m to $17m in the year to March 31.
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