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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.
At 10.45am, Statistics NZ will release the whole trade data for March.
The Pacific Energy Summit is being held at Eden Park today.
The Business Herald's series on debt starts today.