The company said its Maven Dental Group practices in Australia continued to experience challenging market conditions.
Takeover bidder’s request for due diligence access firmly rejected.
Potential legal action to recover money for finance company investors was hampered by a secret deal covering the exit of two directors from litigation funder LPF Group.
Abano’s major shareholder is maintaining its long-standing feud with the company dating back to its failed takeover attempt in 2013.
The healthcare investor has agreed to sell the stake in Bay International to interests associated with Peter Hutson for $32 million.