Ascendis to focus on SA after agreeing to debt-for-asset swap
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Health and wellness group Ascendis has struck a deal with its lenders to swap its European assets for debt. This will reduce the firm’s borrowings by R7.6bn and leave it with assets based solely in South Africa. Business Day TV's Alishia Seckam spoke to Mark Sardi, CEO of Ascendis Health for greater perspective on what this means for the group moving forward.