Feb 22 (Reuters) - Tower Ltd (TWR) :
- Tower notes Suncorp unsolicited off-market share offer
- Suncorp Group acting through UBS, have approached shareholders seeking to initially buy up to a 19.99% stake in Tower
- Offer at a fixed price of NZ$1.30 per share, with a view to escalating the offer to 100% of all shares
- Board also reiterated that Tower insurance policies and the rights of policy holders remain unaffected
- All policies and rights will remain with Tower Insurance Limited in event of a change in ownership of Tower Limited
- Tower Chairman Michael Stiassny says board's advice to shareholders was to seek advice and not to sell their shares until board had fully reviewed offer
News: SUN Tower notes Suncorp unsolicited off-market share offer
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$20.77 |
Change
0.170(0.83%) |
Mkt cap ! $22.41B | |||
| Open | High | Low | Value | Volume |
| $20.53 | $20.80 | $20.43 | $17.19M | 830.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1992 | $20.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.77 | 1429 | 13 |
View Market Depth
| Last trade - 14.24pm 30/07/2025 (20 minute delay) ? |
| SUN (ASX) Chart |