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Hot Topic Scrutiny
Hot Topic Scrutiny
3 mins to read

More than $600m seen wiped off CBL equity

Independent analysis estimates huge loss for insurer's shareholders.  

Tim Hunter
Tue, 06 Mar 2018

One of CBL’s [NZX:CBL] biggest institutional shareholders has reassessed its value at just 28c a share after a series of regulatory interventions cast doubt on its solvency and left its shares in suspension.

Harbour Asset Management, whose funds own 7% of CBL, has been assessing CBL’s value

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Tim Hunter
Tue, 06 Mar 2018
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More than $600m seen wiped off CBL equity
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