New Zealand’s Abano Healthcare Agrees to Sale of Stake in Audiology Business

AUCKLAND, NEW ZEALAND – In May it was reported that Abano Healthcare Group had received an unsolicited offer to purchase the company’s 50% stake in Bay International, a retail network of audiology clinics across Australia and southeast Asia, from an undisclosed “international hearing device manufacturer”. The offer, approximately $32 million NZ (approximately $22.7 million US),…

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New Zealand Firm the Latest Target of Hearing Aid Manufacturer’s Global Retail Acquisition Plans

AUCKLAND, NEW ZEALAND – Abano Healthcare Group, which is an active investor and operator of healthcare and medical services business across New Zealand, Australia and Asia, has received an unsolicited offer to purchase a 50 percent stake in the audiology company Bay International for nearly three times its estimated value of $11.9 million NZ ($8.1M USD).…

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New Zealand cricket great asks leaders to experience deafness

AUCKLAND, NZ–Here’s a novel idea from Down Under. Lance Cairns, a legendary figure in cricket from New Zealand, is asking corporate and community leaders in his country to go deaf for a few hours. The idea, says Cairns, is that if people get a better understanding of what it’s like to have a hearing loss,…

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