Shareholders of Ascendis Health have approved a restructuring deal that will leave it a solely SA player and could see it soon delist from the JSE, reported Business Day (5 October 2021). “More than 98% of shareholders approved a restructuring transaction for the health and wellness company, paving the way for a process that will see management consider options, including going private and selling assets. Remaining assets with a combined turnover of R2-bn after R6.2-bn in asset sales, will be used to deal with a €429-m (R7.4-billion) debt load. Contents

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