Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Tower Limited ( (AU:TWR) ) has provided an announcement.
Tower Limited has announced a significant change in its substantial holdings, with Bain Capital Credit LP, Bain Capital Investments (Europe) Limited, and Dent Issuer Designated Activity Company collectively holding 19.941% of the company’s ordinary shares, a slight decrease from 19.999% previously. This change follows Dent’s block trade agreement with Forsyth Barr Limited and Goldman Sachs New Zealand Limited to sell its entire holding of 68,306,802 shares at NZ$1.30 per share, impacting Bain’s control over the disposal of these shares.
More about Tower Limited
YTD Price Performance: 15.19%
Average Trading Volume: 38,734
Technical Sentiment Signal: Sell
Current Market Cap: A$461.6M
Find detailed analytics on TWR stock on TipRanks’ Stock Analysis page.