Abano Healthcare completes $35 million capital raising, including shortfall

Mon, 28 Aug 2017

By Rebecca Howard Aug. 28 (BusinessDesk) - Abano Healthcare said it successfully completed the shortfall bookbuild component of the $35 million capital raise announced on July 26, with strong investor support. Last week the Australasian radiology and dental centre operator said 3,878,946 new shares, at a price of $8.15 per share, were taken up by shareholders under its fully underwritten 1 for 5 pro rata renounceable rights offer, representing approximately 92 percent of the new shares available to eligible shareholders under the rights...

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