BGH-owned Abano to buy Australia dentistry business
Abano Healthcare, a New Zealand dentistry chain owned by BGH Capital and Ontario Teachers’ Pension Plan (OTPP), has agreed to acquire Australian peer 1300 Smiles for an enterprise valuation of A$165 million ($120 million).
Abano will take up to 84% of 1300 Smiles through a scheme of arrangement, including a 59.8% stake held by the company’s founders. The founders will receive A$6.33 per share and retain the right to roll...
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