Abano
Healthcare Group (NZX: ABA) has today confirmed settlement
of the sale of its orthotics business, the Orthotic Centre,
to private investors, as announced on 25 November 2014.
This was the last remaining business in Abano’s
Rehabilitation sector and the Company will now have three
operating sectors – Dental, Audiology and Diagnostics.
Proceeds from the sale will be used to reduce debt and
then reinvested into Abano’s growth businesses, in
particular, dental.
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