Insurance
TOWER Life sale rumours increase
Thursday 17th of January 2013
Good Returns first reported that Fidelity was looking at TOWER last year.
It would be a revenge of sorts for Fidelity, which received a hostile takeover offer from Tower in 2010. The failed bid valued Fidelity at $118 million, equating to $82 per share. Since then, its share price has remained above $90 and now sits at $95.
Rumours have been rife that TOWER was on the cus...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.