Please see attached a Substantial Product Holder Notice for New Zealand Funds Management Limited ("NZ Funds") on behalf of itself and its wholly owned subsidiary New Zealand Funds Superannuation Limited ("NZFSL") in Tower Limited ("TWR").
The NZX 50 outperformed its Australian counterpart.
Chair Mike Allen said the acquisition presented a “compelling opportunity”.
The sales form part of a wider growth plan.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details