.
NIB Holdings Limited (ASX:NHF) has agreed to acquire New Zealand’s second largest health insurer TOWER Medical Insurance for about $80 million.
NIB’s Managing Director says the acquisition is in line with NIB’s strategy of growing its international earnings.
NIB will fund the transaction through surplus capital and a New Zealand senior debt facility.
NIB Holdings generated a net profit to $67.6 million in the 2012 financial year.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$7.58 |
Change
0.065(0.87%) |
Mkt cap ! $3.694B | |||
| Open | High | Low | Value | Volume |
| $7.54 | $7.62 | $7.52 | $1.459M | 192.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 6644 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.58 | 4480 | 33 |
View Market Depth
| Last trade - 12.58pm 07/08/2025 (20 minute delay) ? |
| NHF (ASX) Chart |