He is credited with reducing the healthcare firm’s debt by R7.5bn by swapping debt for assets and increasing total normalised earnings
Ascendis Health CEO Mark Sardi has resigned just weeks after shareholders approved a restructuring deal that will leave it a purely SA-based company and could result in it delisting from the JSE.
Sardi joined the health and wellness company in October 2019 and was tasked with turning it around operationally and cleaning up its balance sheet...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SA women make their mark in the science worldSouth African women continue to make their mark in different fields and we celebrate it every chance we get.
Read more »
Don’t delay, or risk dental decayDental cavities, or tooth decay, in permanent teeth is the most common health condition globally, affecting over 3.5 billion people, according to the World Health Organisation.
Read more »
Pele celebrates 81st birthday as tributes roll inPele has worried his fans often with his fragile health and has been admitted to hospital several times for various health problems.
Read more »
Men who stand by are guilty, tooBecause your failure to step up, means you condone men violating women.
Read more »
Truck driver gunned down in Mogwase robberyA 43-year-old truck driver was gunned down while counting money in Mogwase outside Rustenburg.
Read more »