Abano hires Grant Samuel to assess Healthcare Partners offer which is unattractive on preliminary view

Jonathan Underhill
Sun, 13 Nov 2016

By Jonathan Underhill Nov. 14 (BusinessDesk) - Abano Healthcare Group has hired Grant Samuel to assess a partial takeover offer from dissident shareholders Anya and Peter Hutson and James Reeves, which the board says is not in the best interests of other investors based on its preliminary view. The group wants to buy 30.99 percent of the company, or 6.65 million shares, at $10 apiece to build a controlling 50.01 percent stake in Abano, via a new entity they've set up called Healthcare Partners Holdings. Hutson and Reeves have been lobbyin...
Tenancy law could turn good neighbourhoods into slums: landlords
Brent Melville | Thu, 06 Aug 2020

The new Residential Tenancies Amendment Bill 2020, which passed under urgency yesterday, got the balance right, placed reasonable requirements on both landlords and tenants and would endure through Ne...

MARKET OPEN: Kiwi holds its own as greenback falters, US equities push higher
Rebecca Howard | Thu, 06 Aug 2020

The kiwi dollar continues to hold its own as the greenback is weighed down by poor US data while the domestic share market may take cheer from a lift on Wall Street after positive earnings reports. ...

Listed Companies
Billion dollar hotel developments on backburner until better times
Brent Melville | Thu, 06 Aug 2020

Plans for at least 25 major hotel developments, valued at $2 billion, are gathering dust pending decisions on when, or if, construction will commence in the wake of border closures. The two dozen o...

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Don’t fear the robots. How software can help your business succeed

New Zealand businesses are on the road to recovery from the economic impact of the Covid-19 crisis but they, like corporates around the world, are having to change their operational practices.