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Abano board questions Hutson’s conflict of interest in takeover bid

Abano board questions Hutson’s conflict of interest in takeover bid

By Paul McBeth Sept. 17 (BusinessDesk) - Abano Healthcare’s board is taking advice on Peter Hutson’s ability to keep his directorship of the specialist healthcare investor while taking part in a $131.4 million takeover tilt with Australian private equity firm Archer Capital....

16 Sep 2013
Tower to return ‘initial’ $70M of capital from sale of life business

Tower to return ‘initial’ $70M of capital from sale of life business

Sept. 17 (BusinessDesk) – Tower, the general insurer that is 34 percent owned by Guinness Peat Group, says it will return an initial $70 million of capital to shareholders from the sale of its life insurance business. The insurer sold its life business to Fidelity Life Assuranc...

16 Sep 2013
Chorus rolls out ex-Telco Commissioner Patterson to press for regulatory overhaul

Chorus rolls out ex-Telco Commissioner Patterson to press for regulatory overhaul

By Paul McBeth Sept. 17 (BusinessDesk) - Chorus, the network operator carved out of Telecom in 2011, has turned to former Telecommunications Commissioner Ross Patterson in its bid for a rewrite of regulation governing its ability to set prices on its ageing copper lines. Patt...

16 Sep 2013