Abano shares rise 10% as dental sector consolidation shakes out interest

Sun, 30 Jun 2019

By Paul McBeth July 1 (BusinessDesk) - Abano Healthcare shares rose 10 percent as the medical investor considers "various expressions of interest" as the Australian dental sector faces consolidation. The stock climbed 35 cents to $3.85 in early trading, but has almost halved in value from the start of the year. Abano downgraded its annual earnings outlook in March due to challenging conditions across the Tasman and halted its acquisition of new dental practices there. The company today reaffirmed that it isn't buying new practices in...

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