Markets

Suncorp has launched a takeover raid on Tower insurance in New Zealand

Australia’s Suncorp has launched a takeover of New Zealand insurer Tower, going on market to grab a significant stake from under the nose of a rival bidder. The company announced that its wholly owned subsidiary, Vero Insurance New Zealand, acquired 11.14% of the ordinary shares in Tower and wants to […]
Suncorp has launched a takeover raid on Tower insurance in New Zealand