Tower announces new chairman
Tuesday, July 4th 2006, 6:24AM
O'Duill announced his retirement in April effective from the end of May.
Tower's share price has been steadily rising on the back of talk that it may be ripe for takeover or splitting off its Australian business.
Shares in Tower closed up a cent at $3.45 yesterday, from $2.04 in mid-April and a year low in November last year of $1.73.
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