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Aspen - JSE: APN


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#21 Sleepwa123

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Posted 08 September 2020 - 09:48 AM

Sale of Thrombosis business for close to R13BN. They will be paying down debt which currently stands at around R30-odd BN. Sizable chunk.

 

https://www.sharenet...seq=8&scode=APN


Edited by Sleepwa123, 08 September 2020 - 09:50 AM.

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#22 Leadingedge

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Posted 03 September 2020 - 12:44 PM

Anyone have any clue what might be going on with Aspen? Their share prices keeps dropping even with the apparent benefits of COVID.

 

They also have the below announcement which does not give away any clues, but if I look at the previous cautionary announcements, this one looks like it could be an acquisition on their part, as in the past if they were selling a division they would refer to it as a "divestment." 

 

CAUTIONARY ANNOUNCEMENT

Aspen is currently engaged in discussions related to a possible transaction in respect of a segment of its
European commercial business.


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