Tower Limited (NZSE:TWR) agreed to acquire Legacy portfolio from Australia and New Zealand Banking Group Limited (ASX:ANZ) for AUD 14 million on February 22, 2021. This transaction enables this portfolio to be brought into the Tower Limited's direct business. No regulatory approvals are required to proceed under the agreement and the acquisition is unconditional, with completion expected to take place on March 12, 2021.

Tower Limited (NZSE:TWR) completed the acquisition of Legacy portfolio from Australia and New Zealand Banking Group Limited (ASX:ANZ) during the half year ending March 31, 2021.