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

Global fund manager, KiwiSaver firm Amova drops Nikko branding
Markets

Global fund manager, KiwiSaver firm Amova drops Nikko branding

Global fund manager Nikko rebrands as Amova Asset Management

The windfall Pāmu could cream from Fonterra’s Mainland Sale
Primary Sector

The windfall Pāmu could cream from Fonterra’s Mainland Sale

The state-owned farming op is a significant supplier to the dairy co-operative.

Clarity and credible plan for Comvita ‘essential’
Primary Sector

Clarity and credible plan for Comvita ‘essential’

New CEO Karl Gradon says his mandate is ‘very clear’.

Earnings a ‘mixed bag’ but end of tunnel looms
Markets Earnings Wrap

Earnings a ‘mixed bag’ but end of tunnel looms

The a2 Milk Company has emerged as the winner of August.