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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Abano CEO objects to the partial nature of Hutson takeover offer

Abano's board is yet to form a view on Peter Hutson's latest takeover offer but chief executive Richard Keys says he doesn't like its partial nature.

Jenny Ruth
Mon, 07 Nov 2016

Abano Healthcare doesn’t like the partial nature of the takeover offer its largest shareholder launched on Friday.

Former director Peter Hutson’s company, Healthcare Partners, is offering to buy 30.99% of Abano at $10 a share to take its stake to just over 50%.

In 2013, Mr Hutson was part of

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Jenny Ruth
Mon, 07 Nov 2016
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Abano CEO objects to the partial nature of Hutson takeover offer
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