Tower Says Bain Capital, Affiliates No Longer Substantial Shareholders

MT Newswires Live

2025/04/03

Tower (ASX:TWR, NZE:TWR) said Bain Capital Investments and its related entities ceased to be substantial holders after selling all of their 68.3 million shares or 19.94% stake in the company, according to a Thursday filing with the Australian and New Zealand bourses.

The company's shares fell nearly 1% in Australia in recent Thursday trade, while its Kiwi shares shed about 2%.

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