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The High Court has given final orders approving the separation of financial services firm Tower's New Zealand and Australian businesses, the company says.
Tower said it intended to lodge the orders with the Companies Office today.
It is intended that Tower Australia Group Ltd shares will list on the Australian stock exchange on November 21.
Around 11am Tower shares were down 4c to $3.20, having been at $3.50 on Monday before shareholders approved the separation.
- NZPA
