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Ascendis Health to sell non-core assets in South Africa

South African healthcare provider Ascendis Health said on Monday it plans to dispose of smaller local non-core businesses as part of a strategic review aimed at improving cash generation and enhancing...

Ascendis barking up the right tree

Steenberg-based health brands conglomerate looks intent to fatten up its phyto-vet offering after recently paying R375m to acquire the South African agrimed and vet businesses of Indian-owned pharmaceutical giant Cipla. ...

Ascendis Health Rights Offer oversubscribed by more than 300%

Ascendis Health announced today that its R1,2bn rights issue which closed last week has been more than three times oversubscribed, and that the company had secured the required funding to conclude...

Ascendis health to make two major international acquisitions for R7,3bn

Ascendis Health today announced the separate acquisitions of two major European health and care businesses, Remedica Holdings and Scitec International, as the group’s international growth strategy continues to gain momentum. ...

Ascendis health receives green light for R345m Akacia deal

Health and care brands group Ascendis Health today announced that it had received Competition Commission approval to proceed with the 100% acquisition of pharmaceutical business Akacia Healthcare for R345m. Akacia manufactures and...


Two SAB plants get R5.8 billion upgrades

The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants. The company said...


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