For years, Dunedin has been grappling with ways to keep
its best and brightest residents in the city. As parents have
watched their children leave, many not to return, much
handwringing by civic and community leaders has taken
Dunedin-based Scott Technology realised the benefits of its
diversification programme in the year ended August 31, when
its profit for the period increased substantially on the
previous corresponding period.
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.