Tower Halts Trading as Bain Capital Seeks Buyers for 19.9% Stake

MT Newswires Live

2025/03/31

Tower (ASX:TWR, NZE:TWR) requested a trading halt as it has been advised that Bain Capital, which owns about 19.9% of the shares in Tower, is seeking offers for its shareholding, according to a Monday Australian and New Zealand bourse filing.

The trading halt on the Australian and New Zealand stock exchange will be lifted when Bain Capital notifies that the process has been concluded and after its announcement, the filing said.

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