Aspen reviews operations after share plunges on debt concerns 🔒
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Aspen shares plunge 29% after disappointing resultsInvestors are concerned that the company’s borrowings, net of cash, have increased
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Aspen to split SA commercial pharmaceutical businessThe multinational drugmaker bids to strategically review its South African and European operations.
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Aspen shares plunge on poor resultsAspen Pharmacare's shares plunged to a seven-year low on Friday as an already protracted deal to sell its infant-formula business dragged out even further, choking off cash flows and weighing on financing costs
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Aspen on Steinhoff path?Aspen's debtstands at R53.5bn, more than its R45.7bn market capitalisation.
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Sanlam hit by global markets rout, weak growth at homeAfter a rush of initial optimism in SA following the appointment of President Ramaphosa in early 2018, Sanlam says investor confidence has faded as the year progressed.
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OECD has more bad news on global growthThe Organisation for Economic Co-operation and Development has cut forecasts again citing trade disputes and uncertainty over Brexit
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Global shares near five-month highIn currency markets, the dollar gained with other major central banks expected to tilt to a more dovish stance than the Federal Reserve
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China’s February exports estimated to drop 4.8%Anticipated decline could be the biggest in two years and suggests weakening global demand
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MARKET WRAP: Naspers leads the JSE higherThere were few catalysts to give global markets direction, while local economic news was downbeat
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DP World asks court to halt antitrust probe at Mumbai portDubai's global port operator says India's competition commission is seeking excessive information
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