tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Friday, March 29th, 10:40AM

Insurance

rss
Latest Headlines

Fidelity appoints Grant Samuel as independent adviser for takeover bid

The Board of Fidelity Life has appointed Grant Samuel & Associates as an independent adviser for the proposed takeover bid from Tower, in accordance with the Takeovers Code.

Tuesday, October 12th 2010, 5:00PM 2 Comments

Grant Samuel & Associates will prepare an independent report on the merits of the offer.

If a formal takeover offer is made for the shares in Fidelity Life, the Board will send a copy of the independent report to Fidelity Life shareholders in due course, together with its target company statement, as required under the Takeovers Code.

 

« FMG sides with Fidelity Life in opposition to Tower offer Big boost in level sales recorded before tax changes »

Special Offers

Comments from our readers

On 13 October 2010 at 12:16 am oscar d nail said:
i've got a feeling that the bid would be successful.
On 13 October 2010 at 2:18 pm Clever rabbit said:
I think you've mis-read the article. There's no indication that Tower's bid has been successful or not. There is a legal process under the Takeovers Code which both parties have to adhere to. These things take time.
Commenting is closed

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Partners helps fund depression recovery centre
New Whakamātūtū Wellington Depression Recovery Centre gets financial boost from Partners Life.

AIA adds cover for prophylactic surgery following cancer
AIA makes changes to policies and adds preventative surgery for several types of cancer.

Chubb appoints David Morrow as Country President for New Zealand
Chubb has appointed David Morrow as Country President for New Zealand.

nib adds specialist skills to its board
Two new board appointments at health insurer nib add new perspectives, chairman says.

News Bites
Latest Comments
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News
Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com
x