Ascendis activist shareholders get board representation
07 November 2021 - 20:51
Two activist shareholders have been elected to the board of embattled Ascendis Health, democratising the process of governing a listed company.
The health and wellness group, which came close to collapse, had debt far exceeding its assets after a buying spree, including its purchase of highly successful Cyprus-based pharmaceutical company Remedica. It added four new directors in all to the board on Friday...
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