News Room

PRESS STATEMENT - Dr. Khotso Mokhele, Chairman of the Board of Adcock

Statement from Dr. Khotso Mokhele, Chairman of the Board of Adcock Ingram

"Adcock Ingram notes the statements made by the PIC yesterday, and respects the views of all Adcock Ingram shareholders. Adcock’s Independent Board remains strongly of the view that a combination with CFR is a unique value proposition and would be in the best interests of all Adcock Ingram shareholders and other stakeholders, as well as South Africa at large. There is a significant level of shareholder support for CFR’s proposal and Adcock Ingram will continue to engage with the PIC regarding its position as well as the merits of the proposed transaction."

Ends.