New Zealand: Consortium makes NZ$150m bid for Abano

The race to acquire Abano Healthcare Group could now be over after a consortium of private equity firm, BGH Capital and the Ontario Teachers’ Pension Plan Board yesterday made a NZ$150m (US$95.2m) bid for the trans-Tasman dental provider. The bidding vehicle, called Adams NZ Bidco, is offering NZ$5.70 per share. This is a 49% premium…

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