The NZ Herald reports Chinese whiteware maker, Haier, may take a 20% stake in Fisher & Paykel.
F & P announced just over a year ago it was closing whiteware manufacturing in New Zealand and Australia and moving production to Thailand, Mexico and Italy.
That would be a different twist: A Chinese manufacturer owning production facilities in Thailand, North America and Europe. A potentially smart move for Haier if protectionist impulses rise to the fore in those markets.
Daily review 15/09/2025
5 hours ago