Aspen agrees to sell Japanese unit
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Aspen has agreed to sell its Japanese business to a division of Norvatis in a bid to reduce its debt levels. The company's debt has been whittled down to nearly R40 billion from over R53 billion while the sale to Norvatis which is still subject to approval comes at a price tag of close to R7 billion. Company's CEO, Stpehen Saad joins us to discuss what this deal means for the company's commitment to having debt levels reduced from the 2020 financial year.