South African billionaire Johann Rupert takes no salary at Remgro but collects $32.8 million in dividends
Johann Rupert draws no salary from Remgro. He is collecting $32.8 million in dividends after headline earnings rose 42.3% to $685 million.
Mediclinic
Johann Rupert’s Remgro, MSC reach agreement on Mediclinic acquisition terms
Rupert’s investment firm, Remgro, owns 44.6 percent of Mediclinic, South Africa’s largest hospital operator.
Mediclinic gains over $690 million four weeks after Johann Rupert’s Remgro launches takeover bid
Similarly, Remgro’s 44.6-percent stake in Mediclinc has increased in value by $281.5 million.
South African billionaire Johann Rupert’s Remgro looking for equal partnership in possible Mediclinic buyout
The news comes a week after Mediclinic rejected its acquisition bid.
Mediclinic rejects takeover bid by billionaire Johann Rupert’s Remgro and MSC
Remgro and MSC offered about $4.3 billion for Mediclinic, a South African hospital group.