Tower in ‘interesting situation full of uncertainties’
Tower has told the Commerce Commission if the Suncorp deal fails there is no other bidder in the wings.
Hot Topic
Hawke’s Bay
Fund managers ACC and Salt have been left pondering their collective holdings of 30.5 million unsold Tower shares after the failure of two takeover bids for the insurer.
The two had hitched their wagons to a $1.17 a share offer from Canada’s Fairfax Financial in early February, agreeing to vote
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Tim Hunter
Mon, 07 Aug 2017
Mon, 07 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tower in ‘interesting situation full of uncertainties’
69019