News

Rumours swirl about TOWER Life sale

Thursday 7th of March 2013

Over the past year it has sold both its investment and medical businesses.

In November, it sold its medical business to Australian listed company nib for $102 million. Last month, it sold its investment business, including its default KiwiSaver scheme, to Fisher Funds for $79 million – a deal that Fidelity Life had also been rumoured to have been interested in.

Speculation is moun...

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