Canada's Fairfax named as Tower suitor
The NZX-listed company placed its shares on trading halt this morning and said it expects to release a market update early this afternoon.
Canadian insurer Fairfax is understood to have made a takeover offer for 100% of New Zealand insurer Tower.
The NZX-listed company placed its shares on trading halt this morning and said it expects to release a market update early this afternoon.
A Tower spokesman declined to comment on the
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Tim Hunter
Thu, 09 Feb 2017
Thu, 09 Feb 2017
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