Consideration of a proposed stockmarket
listing for building supplies distribution business Carters
is on hold, owner Carter Holt Harvey (CHH) announced
today.
CHH said while the Carters business continued to
perform strongly, benefitting from the robust New Zealand
construction environment, the ongoing uncertainty in global
equity markets had led CHH to review the merits of a listing
at this
time.
If you're using Scoop for work, your organisation needs to pay a small license fee with Scoop Pro. We think that's fair, because your organisation is benefiting from using our news resources. In return, we'll also give your team access to pro news tools and keep Scoop free for personal use, because public access to news is important!