F. and P. rises sharply
Fisher and Paykel rose 30c to 575 c on a moderately busy, firm New Zealand sharemarket yesterday, in response to selling its 43.8 per cent holding in Henderson and Pollard to Carter Holt. The sale comes after the take-over offer by Carter Holt and Alex Harvey Industries for Henderson and Pollard. Alex Harvey rose 10c and Carter Holt Bc. Henderson and Pollard was again untraded. There were sharp gains among other market leaders, notably ANZ Banking Group, 15c, New Zealand Refining, 10c, and NZ Forest Products, 9c. R. W. Saunders, the Christchurch apparel manufacturer, gained 15c after reporting an increased profit last week. BNZ Finance and Lusteroid fell sharply.
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Press, 27 September 1983, Page 20
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114F. and P. rises sharply Press, 27 September 1983, Page 20
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