Remgro looking for equal partnership in possible Mediclinic buyout
CEO Jannie Durand implied that the investment holding company is looking to take its stake in Mediclinic to 50% from its current 44.6%
14 June 2022 - 15:38
Remgro, the investment holding company chaired by Johann Rupert, says it is looking for a 50-50 partnership in a possible buyout and delisting of its largest asset, Mediclinic.
At investor-day presentation on Tuesday, CEO Jannie Durand fielded a spate of questions over Mediclinic, and while he said the information he could provide was limited, the group was looking for an equal partnership — implying that Remgro is looking to take its stake in Mediclinic to 50% from its current 44.6%...
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