Hutson, Archer should use Takeovers Code route to chase Abano, NZSA says

Mon, 25 Nov 2013

Nov. 25 (BusinessDesk) – Abano Healthcare shareholder Peter Hutson and his associated interests should use the procedures laid out in the Takeovers Code if they are to pursue the company to ensure all investors are treated equally, says the NZ Shareholders Association. Abano is holding its annual meeting in Auckland tomorrow morning and NZSA chairman John Hawkins said in a statement that the association would vote its proxies in favour of maintaining current ownership should Hutson/Archer attempt to promote their informal takeover offer. Hut...

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