Business diary: Tuesday, June 7, 2016

Fletcher has applied to buy Higgins.
Fletcher has applied to buy Higgins.

What's happening in the world of business, finance and economics today? We have the latest business, markets, currency and personal finance news, opinion and financial market reports

1. Fletcher
The Commerce Commission is due to decide on a deal for Fletcher Building to buy Higgins. In February, the commission got Fletcher's application seeking clearance to buy Higgins Group Holdings, including 50 per cent of shares in the Horokiwi Quarries Limited. The application excludes Higgins' ready-mix concrete business, including joint ventures in ready-mix concrete, which will be transferred to existing Higgins' shareholders prior to the proposed acquisition. Higgins is the privately owned New Zealand company that provides civil construction services and is a manufacturer of construction products such as aggregates.

2. Trade
At 10.45am, Statistics NZ will release the whole trade data for March.

3. Energy
The Pacific Energy Summit is being held at Eden Park today.

4. Debt
The Business Herald's series on debt starts today.

- NZ Herald

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