Tower braces for $16.2m...due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low

Tower is warning its shareholders it expects its profit after tax to take a $16.2 million hit, as it engages in more court action and receives additional claims from the Earthquake Commission (EQC), six years on from the Canterbury quakes. | Jenée Tibshraeny | 8th September 2016


Melanie Tobeck