Ascendis mulls ways to avoid a rescue

Ascendis took on too much debt in its quest for growth after listing in 2013 and this has come back to bite it

04 April 2021 - 00:06 By NICK WILSON

The troubles of Ascendis Health, which is drowning in debt, were laid bare this week when the group reported interim results that show its underlying businesses, particularly those offshore, are pumping out cash...

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.