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FBIM Acquires Substantial Stake in Tower Limited

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FBIM Acquires Substantial Stake in Tower Limited

Elevate Your Investing Strategy:

Tower Limited ( (AU:TWR) ) has shared an update.

Forsyth Barr Investment Management Limited (FBIM) has disclosed a substantial holding in Tower Limited, holding 5.007% of the ordinary shares. This acquisition reflects FBIM’s strategic move in the financial markets, highlighting their role as a significant player in investment management services. The acquisition may influence Tower Limited’s shareholder dynamics and market perception, potentially impacting its strategic decisions and stakeholder relations.

More about Tower Limited

Average Trading Volume: 49,992

Technical Sentiment Signal: Buy

Current Market Cap: A$496.7M

See more data about TWR stock on TipRanks’ Stock Analysis page.

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