Ascendis Health says to buy Akacia Healthcare for 345.24 mln rand

November 19, 2015


Ascendis Health Ltd:
* Has entered into an agreement on Wednesday, 18 november 2015, in terms of which Ascendis will acquire 100% of issued ordinary share capital of Akacia Healthcare Holdings Proprietary Limited;
* Total purchase consideration for acquisition (incorporating R100 million manufacturing facility) of R345,239,375 Source text for Eikon. Source: Reuters