Abano extends Wellington pathology contract by a year in $26 mln deal

Wed, 16 Oct 2013

Oct. 17 (BusinessDesk) - Abano Healthcare, the specialist medical investor facing a takeover bid from interests associated with its biggest shareholder, has extended its contract to provide Wellington district health boards with pathology services for another year. Aotea Pathology has extended its contract with the Hutt Value and Capital & Coast district health boards until October 2015 in a deal worth just over $26 million, Abano said in a statement. The extension will give the DHBs some room to review their services as they look for the mo...

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