Ascendis Health announces R200m empowerment deal with MIC

World News: . []

Ascendis Health, the third-largest pharmaceuticals company on the JSE, has concluded an agreement with the 100% black-owned Mineworkers Investment Company, (MIC) which will see the fund’s black economic-empowerment (BEE) ownership in Ascendis increase over a three-year period. This would increase the total BEE ownership in Ascendis from R165-million to a potential R365-million.

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