Adcock Ingram’s share price closed 1.1% higher at R71.77 on the JSE on Friday, slightly below the R75 per share that was offered by NATCO Pharma, which at the time represented a 43.7% premium to ...
Natco’s proposed all-cash deal to acquire nearly 36% of AIHL from minority shareholders is aimed at expanding its presence in South Africa, marking a strategic move to diversify beyond its core markets ... .
The proposal to acquire the stake from minority shareholders in an all cash deal is a strategic investment aimed at to expanding geographic footprint in South Africa, Natco said ....
Mpumi Madisa, Adcock Ingram chairperson and Bidvest CEO, said that since Bidvest acquired the shareholding in Adcock Ingram over a decade ago, Bidvest had been actively involved in its management and focus to expand its products.