The rejection by Fidelity of Tower's bid to buy its rival
life insurer could turn Tower itself into a takeover target -
possibly by Fidelity, Craigs Investment Partners broker Peter
McIntyre said yesterday.
Oceana Gold, which operates gold mines at Macraes and
Reefton, easily raised $C115 million ($NZ151.5 million)
through a capital raising of warrants destined to be traded
through the Toronto Stock Exchange.