The healthcare company looks to cut debt and grow its medical-devices and consumer-health businesses
Ascendis Health wants to raise R101.5m by issuing new shares to get out of its financial quagmire as it looks to cut debt and grow its medical-devices and consumer-health businesses.
The issuing of 143-million new shares at 71c a piece, announced on Tuesday, aims to avoid a ratcheting up of debt payments after months of uncertainty for a group that has seen multiple board shake-ups and new lenders...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Winner Of R100m PowerBall Is Letting The Team DownThe Pretoria man, who has chosen to remain anonymous, spent R150 on the FNB app and selected his own numbers ahead of the draw on Tuesday, July 19.
Read more »
MTN and Vodacom will make up 80% of the market if Telkom deal succeedsMTN and Vodacom will make up 80% of the market if Telkom deal succeeds - MTN’s potential takeover of Telkom might not raise issues of competition, say communication experts
Read more »
MTN and Vodacom will make up 80% of the market if Telkom deal succeedsMTN and Vodacom will make up 80% of the market if Telkom deal succeeds: MTN’s potential takeover of Telkom might not raise issues of competition, say communication experts
Read more »
Winner Of R100m PowerBall Is Letting The Team DownThe Pretoria man, who has chosen to remain anonymous, spent R150 on the FNB app and selected his own numbers ahead of the draw on Tuesday, July 19.
Read more »
Michael Schumacher’s undefeated F1 Ferrari up for auctionThis F300 won all four races it contested in 1998 and is expected to fetch at least R100m
Read more »