Bain Capital's full shareholding in Tower, comprising 68.3 million shares, has been successfully allocated to investors.
Tower's trading halt application, submitted on March 30, 2025, has been lifted, allowing for the resumption of trading on the NZX and ASX.
The trading halt was initially requested pending the completion of the sell-down.
See more
The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.
Economists are widely expecting a 25 bps rate cut next week.
Is New Zealand still fixated on the 1kg block of cheese?
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details
