June 25, 2017 / 11:44 PM / 2 months ago

BRIEF-Tower Ltd evaluates updated Suncorp Group proposal

June 26 (Reuters) - Tower Ltd:

* Entered a trading halt as it evaluates an updated proposal received from Suncorp Group Limited​

* Suncorp through a unit is seeking to acquire all tower shares not already held by Vero at NZ$1.40 per share​

* Board of directors is now fully assessing proposal with its advisers​

* Board make no recommendation in respect of merits of Vero proposal​ Source text for Eikon: Further company coverage:

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