Scoop has an Ethical Paywall
Abano Settles sale of orthotics business
Abano Settles sale of orthotics business
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.
ENDS
Advertisement - scroll to continue reading
UN Department of Global Communications: United Nations Proposes New Global Dashboard To Measure Progress Beyond GDP
Banking Ombudsman Scheme: Fraud Check Delays Well Worth The Inconvenience, Says Banking Ombudsman
Asia Pacific AML: NZ’s Financial Crime Gap - Beyond The 'Number 8 Wire' Mentality
Westpac New Zealand: Kiwi Households Adapting Despite Widespread Cost Pressure Concerns, Westpac Survey Shows
University of Auckland: Kids’ Screen Use Linked To Long-Term Deficits In Self-Control And Attention
University of Auckland: Research To Address Equity In STEM For Māori, Pacific And Female Students
