Fairfax Financial Holdings
Jenée Tibshraeny looks at where Tower's at - three months after completing a capital raise and nearly a year after taking out a $30m bank loan to boost its solvency
5th Mar 18, 7:04am
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Jenée Tibshraeny looks at where Tower's at - three months after completing a capital raise and nearly a year after taking out a $30m bank loan to boost its solvency
The Commerce Commission said yes to IAG, but no to Vero - Jenée Tibshraney asks its chairman why
26th Jul 17, 4:06pm
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The Commerce Commission said yes to IAG, but no to Vero - Jenée Tibshraney asks its chairman why
Commerce Commission prevents New Zealand's insurance duopoly from getting stronger by declining Vero's bid to buy Tower; Tower's share price tumbles
26th Jul 17, 8:26am
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Commerce Commission prevents New Zealand's insurance duopoly from getting stronger by declining Vero's bid to buy Tower; Tower's share price tumbles
Revealed: The Commerce Commission is investigating Vero for buying 19.99% of Tower's shares separately to it considering Vero's bid to take over the insurer
25th Jul 17, 8:31am
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Revealed: The Commerce Commission is investigating Vero for buying 19.99% of Tower's shares separately to it considering Vero's bid to take over the insurer
Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
29th Jun 17, 3:37pm
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Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
Jenée Tibshraeny questions whether Vero is being conniving or business savvy trying to prevent the competition watchdog from airing its concerns about the insurer's bid to buy Tower; Meanwhile Tower enters trading halt as it considers higher bid from Vero
26th Jun 17, 9:37am
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Jenée Tibshraeny questions whether Vero is being conniving or business savvy trying to prevent the competition watchdog from airing its concerns about the insurer's bid to buy Tower; Meanwhile Tower enters trading halt as it considers higher bid from Vero
Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
30th Mar 17, 3:53pm
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Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
Vero agrees to pay 10 cents more per share in $15.8 million deal to increase its stake in Tower to nearly 20%; Move could bump up Vero's offer in takeover bid
14th Mar 17, 3:08pm
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Vero agrees to pay 10 cents more per share in $15.8 million deal to increase its stake in Tower to nearly 20%; Move could bump up Vero's offer in takeover bid
Suncorp argues if the ComCom allowed IAG to acquire AMI and Lumley, it's only fair it approves its application to take over Tower
3rd Mar 17, 1:05pm
Suncorp argues if the ComCom allowed IAG to acquire AMI and Lumley, it's only fair it approves its application to take over Tower
Suncorp attempts to win over Tower shareholders in its takeover battle with 'escalation payment' agreements
2nd Mar 17, 1:19pm
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Suncorp attempts to win over Tower shareholders in its takeover battle with 'escalation payment' agreements
New Zealand's second largest general insurer aims to increase its market share to 30%, offering to pay more than 'Canada's Berkshire Hathaway' to buy Tower
22nd Feb 17, 9:48am
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New Zealand's second largest general insurer aims to increase its market share to 30%, offering to pay more than 'Canada's Berkshire Hathaway' to buy Tower
A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
17th Feb 17, 1:58pm
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A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
13th Feb 17, 12:19pm
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Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
Tower board, major shareholders back $197 million takeover bid from Canada's Fairfax Financial Holdings; Tower's share price rises as trading resumes
9th Feb 17, 1:07pm
Tower board, major shareholders back $197 million takeover bid from Canada's Fairfax Financial Holdings; Tower's share price rises as trading resumes