Bidvest gets Adcock Ingram controlling stake
Adcock says Bidvest’s BB Investment Company has raised its stake in the healthcare company’s ordinary shares to 51.1%
06 August 2019 - 12:07
Services, trading and distribution group Bidvest has acquired a controlling stake in Adcock Ingram, in a departure from its previous intention to dispose of the pharmaceutical company’s shares.
Bidvest increasing its stake from 43.3% to 50.1% will result in Adcock’s integration into Bidvest, said the industrial giant’s CEO, Lindsay Ralphs...
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