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United States

TOWER Ltd (TWR.NZ)

TWR.NZ on New Zealand Stock Exchange

0.88NZD
18 Aug 2017
Change (% chg)

$-0.01 (-1.12%)
Prev Close
$0.89
Open
$0.88
Day's High
$0.88
Day's Low
$0.87
Volume
176,006
Avg. Vol
373,587
52-wk High
$1.40
52-wk Low
$0.69

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Tue, Jul 25 2017

BRIEF-Tower Ltd says Commerce Commission declines Vero scheme

* advises that commerce commission has declined to clear Vero Insurance New Zealand Limited's agreement to purchase all shares in Tower it does not already own

BRIEF-Tower Ltd announces mutual termination of Fairfax scheme​

* Tower will make no further comment on vero transaction until commerce commission has announced their decision on vero sia

BRIEF-Tower Ltd signs scheme implementation agreement with Suncorp

* Entered into scheme implementation agreement with Suncorp group ltd via its wholly-owned subsidiary, Vero Insurance New Zealand Ltd

BRIEF-Tower updates on trading halt

* Request a trading halt to be applied to securities under asx listing and nzx main board/debt market

BRIEF-Tower Ltd evaluates updated Suncorp Group proposal

* Entered a trading halt as it evaluates an updated proposal received from Suncorp Group Limited​

BRIEF-Tower says HY net loss attributable NZ$8.7 mln

* HY net loss attributable NZ$8.7 million , down 8.05 percent year-over-year

BRIEF-Tower Ltd announces financial impact from recent storm activity

* Maximum financial impact of storms associated with ex-cyclone Debbie will be $3.6 million after tax

BRIEF-Tower says Suncorp's stake in Tower now reached 19.99 pct

* Understands that Suncorp Group Limited's stake in tower has now reached 19.99% of shares

BRIEF-Suncorp Group says acquires 11.14 pct of ordinary shares in Tower

* Suncorp New Zealand acquires 11.14% of ordinary shares in Tower Limited in New Zealand

BRIEF-Tower confirms that it received a non-binding indicative proposal from Suncorp Group Ltd

* Confirms that it has now received a non-binding indicative proposal from Suncorp Group Limited

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