All options are ‘on the table’ for Tower

All options are ‘on the table’ for Tower
Tower chair Michael Stiassny said it was a good time for Tower to look at its options. (Image: NZME)
Ella Somers
The chair of the New Zealand stock exchange-listed Tower says it's a good time for the general insurer to look across the whole company following Monday's announcement to the market that it’s kicking off a strategic review into its ownership structure.“We just think it's a good time to look at our options,” Tower chair Michael Stiassny told BusinessDesk on Monday.Earlier that day, the insurer had told the market that a strategic review was being undertaken for several reasons – like maximising value for &ldqu...

More Markets

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025
Forsyth Barr shifts Turners Automotive to neutral
Markets

Forsyth Barr shifts Turners Automotive to neutral

The company has delivered five consecutive years of record earnings.

Rebecca Howard 04 Jul 2025
Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Gregor Thompson 04 Jul 2025