South African conglomerate Ascendis Health sells 49% stake in Farmalider
The transaction—worth ZAR84 million (€4.98 million)—will allow Ascendis Health to reduce its debt. The Spanish investment firm MMC International bought the Farmalider shares.
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▪ South African conglomerate Ascendis Health sells 49% stake in Farmalider
▪ The transaction—worth ZAR84 million (€4.98 million)—will allow Ascendis Health to reduce its debt. The Spanish investment firm MMC International bought the Farmalider shares.
▪ https://www.africabusinessplus.com/en/808341/south-african-conglomerate-ascendis-health-sells-49-stake-in-farmalider/
Listed on the Johannesburg Stock Exchange, Ascendis Health is active in pharmaceuticals, parapharmacy and wellness, animal health, crop protection products and medical equipment.
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