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Japanese insurer pays $375m for foothold in Tower spacer

BIG Japanese life insurer Dai - chi Mutual has paid $375 million for a key stake in Tower Australia.Dai - chi, Japan's second - largest privately run life insurance company, ... The Age - 10:09 p.m. Friday 8th August 2008 EST View Article Related Articles Email to Friend

GPG sells Tower stake for $376m spacer

Japanese insurance giant Dai - ichi Mutual Life has taken foothold in the Australian insurance market after paying a premium to buy a third of Tower Australia Ltd for $376.3 ... Paqworks - 5:18 p.m. Friday 8th August 2008 EST View Article Related Articles Email to Friend

Japan's Dai-ichi Life to acquire 27.9% stake in Tower Australia from Guinness Peat Group for A$3.75 per share - Update spacer

Australia - based life insurer Tower Australia Group Ltd. said late Thursday that Japan - based Dai - ichi Mutual Life Insurance Co. has agreed to acquire the entire 29.73 ... RTTNews - 2:33 p.m. Friday 8th August 2008 EST View Article Related Articles Email to Friend

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Company Profile

TOWER Australia Group Limited is an Australia-based company engaged in the provision of life insurance services and funds management, financial planning and investment management. The Company operates through three segments: life insurance and funds management, other financial services and other. The life insurance and funds management segment includes all life and disability insurance and wealth management. The other financial services segment includes all other financial services, such as the provision of financial advice. The other segment includes all of the Company's holding companies.

Address: Level 13, 80 Alfred Street, MILSONS POINT, NSW, AUSTRALIA, 2061

Phone: (02) 9448 9000
Fax: (02) 9929 5792