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F & P shares set to jump on Haier offer
Shares of Fisher & Paykel Appliances are set to jump to the $1.20-a-share offer price from Chinese firm Haier.
Haier makes cash offer for F&P
Haier has offered to buy the 80 per cent of Fisher & Paykel Appliances it doesn't already own for $1.20 a share, valuing the New Zealand company at about $869 million.
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F & P shares soar on Haier bid move
Shares of Fisher & Paykel Appliances have soared after 20pc shareholder Haier of China indicated it may launch a full takeover.