S&P/NZX 50 Index Rebalance: Tower (TWR) Replaces Arvida (ARV)
Tower replaces Arvida in the NZX50 Index at the close on 21 Oct. Passives will need to buy a lot in Tower but there has been a lot of positioning...
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Appeals of Competition Regulator's Decision Offer Some Hope for Tower Shareholders; FVE Unchanged
Via its wholly owned subsidiary Vero Insurance New Zealand, Suncorp Group Ltd (SUN AU) is appealing the New Zealand Commerce Commission’s decision...
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Last Week in Event SPACE (29 July 2017)
A vexing week for arbs as HNA’s funding for CWT Ltd (CWT SP) comes under pressure and the Tower Ltd (TWR NZ) / Suncorp Group Ltd (SUN AU) deal is...
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Placing Tower Under Review
We are placing no-moat Tower Ltd (TWR NZ) under review to consider the implications of the rejection of Suncorp Group Ltd (SUN AU)’s proposed...
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Tower - Settling Claims with Suncorp
Tower Ltd (TWR NZ)announced it has entered into a Scheme Implementation Agreement (SIA) with Suncorp Group Ltd (SUN AU) to acquire 100% of Tower at...
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