Abano’s takeover bidder vetoes paying first-half dividend
A condition of the partial bid for control of Abano is that no dividends be paid and the bidder won't waive that condition.
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Abano Healthcare has written to shareholders saying takeover bidder Healthcare Partners won’t allow the company to pay its usual first-half dividend.
Healthcare, Abano’s largest shareholder, owned by former director Peter Hutson, his wife Anya Hutson and James Reeves, is offering $10 a share for
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Jenny Ruth
Fri, 18 Nov 2016
Fri, 18 Nov 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Abano’s takeover bidder vetoes paying first-half dividend
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