Abano Provides Update on Capital Restructure

  • Jun 22, 2020 NZST
  • Team Kalkine
Abano Provides Update on Capital Restructure

Abano Healthcare Group Limited (NZX:ABA) has informed the market that it does not currently mean to progress a sale of Abano through a Scheme of Arrangement option or by taking a private deal.

  • The company’s Board continues to assess other alternative options to tackle the capital structure needs and support the future growth of the company;
  • In assessing the options, the Board’s criteria include understanding of the company’s underlying value and sufficient certainty of completion.

 


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