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BRIEF-Tower Ltd says Vero to appeal regulator's decision
August 22, 2017 / 8:37 PM / 4 months ago

BRIEF-Tower Ltd says Vero to appeal regulator's decision

Aug 23 (Reuters) - Tower Ltd

* Vero to appeal Commerce Commission decision

* Tower board continues to consider a capital raise

* Advised by Vero Insurance New Zealand that it is appealing Commerce Commission’s decision to decline its application to acquire 100 of tower

* Tower’s board will fully support vero with its appeal

* Tower also intends to file its own cross-appeal within coming weeks Source text for Eikon: Further company coverage:

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