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

Abano pressures Hutson interests by speeding up sale timetable

Peter Hutson and associates are expected to have to sell their 19.1% Abano stake by June 17 to fund their purchase of the audiology business. With special feature audio.

Jenny Ruth
Mon, 30 May 2016

Abano’s [NZX: ABA] board has put pressure on former director Peter Hutson and associates to sell their 19.1% stake in the company so they can pay for Abano’s half of their audiology joint venture by June 17.

A week ago, Abano had said the $32 million transaction was expected to take about three

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Jenny Ruth
Mon, 30 May 2016
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Abano pressures Hutson interests by speeding up sale timetable
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