Is Reinet poised for a PensCorp windfall?
Johann Rupert’s investment vehicle has finally ditched its status as a BAT proxy, but the possible sale of its PensCorp assets could present a new puzzle for investors
Pension Insurance Corp (PensCorp), a niche financial services company based in the UK, must now rank as one of the Rupert family’s best investments.
That’s not something to be said lightly. The Ruperts have made some stunning investments over the past six decades. Initially via the old Rembrandt (now Remgro) and Richemont, they have invested in best-selling tobacco brands, financial services, luxury, private hospitals, cellular services and technology...
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