Abano Healthcare forecasts lift in 1H dividend amid hostile takeover bid

Tue, 22 Nov 2016

By Tina Morrison Nov. 23 (BusinessDesk) - Abano Healthcare, the Australasian dental centre and radiology operator under a partial takeover offer from dissident shareholders, expects to pay a first-half dividend of between 11 and 16 cents per share. Abano's directors have said they were previously prohibited from making a payment due to the conditions of the offer from Anya and Peter Hutson and James Reeve of Healthcare Partners, however they have now agreed to the payment of an "appropriate" dividend so long as the value is deducted from...

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