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...
252 Views
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...
212 Views