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Suncorp hoisted by its own petard in ComCom decision

Regulator quotes insurer's own 2014 submissions back at it in rejecting Tower takeover.

Tim Hunter
Tue, 01 Aug 2017

Insurer Suncorp’s submissions on the 2014 IAG/Lumley merger have returned to haunt it in the Commerce Commission’s rejection of its Tower takeover.

Last week the commission announced it had declined clearance for Suncorp’s proposed acquisition of Tower and its reasons for the decision were

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Tim Hunter
Tue, 01 Aug 2017
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Suncorp hoisted by its own petard in ComCom decision
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