Confirmation of ongoing review of Expressions of Interest
On 1 July 2019, Abano Healthcare Group Limited (NZX: ABA) provided a trading update and advised that various expressions of interest had been received from parties interested in Abano and its businesses.
The Abano board continues to consider these as part of a wider review of strategy, asset mix and capital structure and has appointed advisors to assist.
Following media commentary, Abano confirms that discussions are ongoing with several parties which have expressed interest in Abano itself or the company’s businesses.
There is no certainty that any expression of interest will lead to a proposal for shareholders to consider or to any transaction. If any agreement is entered into, it is expected to be conditional on Abano shareholder approval. Abano will continue to keep shareholders updated as matters progress.
Shareholders and others may consider seeking their own financial advice should they wish to deal in Abano’s shares.