Tower Limited ( (AU:TWR) ) just unveiled an announcement.
Bain Capital Credit LP, Bain Capital Investments (Europe) Limited, and Dent Issuer Designated Activity Company have ceased to hold a substantial interest in Tower Limited, a company listed on the NZX. Previously holding 19.941% of Tower Limited’s ordinary shares, these entities now hold 0% following a block trade agreement executed on March 31, 2025, with Forsyth Barr Limited and Goldman Sachs New Zealand Limited. This transaction involved the sale of 68,306,802 shares at a fixed price of NZ$1.30 per share, totaling NZ$88,798,842.60, with settlement completed on April 3, 2025.
More about Tower Limited
YTD Price Performance: 5.98%
Average Trading Volume: 38,571
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$462.3M
For a thorough assessment of TWR stock, go to TipRanks’ Stock Analysis page.