Hutsons, Reeves bid to seize control of Abano fails

Sun, 05 Mar 2017

By Paul McBeth March 6 (BusinessDesk) - Peter and Anya Hutson and James Reeves latest attempt to wrest control of Abano Healthcare has failed, with the partial takeover falling well short of the 50.01 percent level needed. Auckland-based Abano today said the hostile partial takeover mounted by Healthcare Partners, the Hutsons and Reeves vehicle, attracted just 2.35 percent of the medical investor's shares, which would have taken its holding to 21.37 percent, from the 19.02 percent they currently hold. Healthcare Partners last month li...

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