ComCom probes Suncorp blocking stake
Regulatory action not over after rejection of Tower takeover.
Suncorp will use its 20% Tower stake to stymie any other bid for the insurer, sources say, although the move could yet be blocked by the courts through a second regulatory probe.
The Commerce Commission today rejected Suncorp’s proposed takeover of Tower, saying the deal would be likely to
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Tim Hunter
Wed, 26 Jul 2017
Wed, 26 Jul 2017
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ComCom probes Suncorp blocking stake
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