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TWR - Tower News Story

NZD0.87 -0.0  -1.1%

Last Trade - 5:35am

Sector
Financials
Size
Small Cap
Market Cap £193.1m
Enterprise Value £157.1m
Revenue £166.9m
Position in Universe 490th / 1911

BRIEF-Tower To Acquire ANZ Legacy Portfolio

Mon 22nd February, 2021 1:15am
Feb 22 (Reuters) - Tower Ltd  TWR.NZ :
    * TOWER TO ACQUIRE ANZ LEGACY PORTFOLIO
    * TO PAY $14M IN CASH TO ANZ TO ACQUIRE ANZ'S RIGHTS AND
OBLIGATIONS RELATING TO SERVICING A PORTFOLIO OF INSURANCE
UNDERWRITTEN BY TOWER
    * COMPLETION EXPECTED TO TAKE PLACE ON 12 MARCH 2021

Source text for Eikon:  ID:nNZW5VyHc5 
Further company coverage:  TWR.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))
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