7 Nov 2012

FPA to be removed from index

12:36 pm on 7 November 2012

The successful takeover of Fisher & Paykel Appliances by Haier will result in changes in the NZX50 index.

The whiteware company will be removed from the index and replaced by Steel & Tube Holdings.

The change will take place from Wednesday next week.

Meanwhile, Haier says acceptances have risen to 95%.