Haier has got over the 90 per cent threshold to take full control of Fisher & Paykel Appliances. It will now compulsorily acquire remaining shares and delist the company. Haier New Zealand Investment’s offer for all the shares in Fisher & Payel Appliances went unconditional last week. NZ Inc earlier reported Haier received the Overseas Investment Office ‘s consent to proceed with …
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Institutions should stick with F&P
Why doesn’t Tower Investment’s Sam Stubbs round up a few institutional investors in Fisher & Paykel Appliances and go pay a call on Haier at its China HQ and say they want to stay in with the company for the long haul? How hard would it be for the mercurial Stubbs to muster a coalition of the usual suspects and …
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