UPDATE: FMA files civil case against Archer, Abano dissident shareholder Hutson

Fri, 03 Oct 2014

Updates with Archer, Hutson comment in fourth par By Paul McBeth Oct. 3 (BusinessDesk) - The Financial Markets Authority has filed civil proceedings against Australian private equity firm Archer Capital and Abano Healthcare shareholder Peter Hutson, saying the parties should have notified the market of their deal to act together on a prospective takeover bid earlier than they did. The market watchdog alleges Archer and Hutson's investment vehicle Healthcare Industries should have filed a substantial shareholder notice to the stock exch...

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