Haier faces battle in Fisher & Paykel takeover bid

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Haier faces battle in F & P takeover bid

3News NZ

The Fisher & Paykel share price has increased by 30 percent

The Fisher & Paykel share price has increased by 30 percent

Fisher & Paykel's share price has shot up after news the Chinese group Haier may make a takeover  bid for the company.

However the 30 percent increase in share price means the company could be in for a battle if it makes such a move.

Haier already owns 20 percent of Fisher & Paykel.

Watch the video for Firstline’s analysis by Michael Wilson

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