Fisher and Paykel Appliances has committed to taking on more
staff in its Dunedin product design centre as part of an
expansion plan being driven by Chinese owner Haier, the
world's largest appliance manufacturer.
The benefits would be limited if a meeting of Fisher and
Paykel Appliance shareholders was held to discuss the Haier
Group full takeover bid of the whiteware manufacturer, Craigs
Investment Partners broker Chris Timms said yesterday.
Fisher and Paykel Appliances shareholders are again being
urged by company chairman Keith Turner to wait until they
have all information available before deciding on whether or
not to accept a takeover offer from Chinese company Haier.