South African billionaire Johann Rupert’s investment vehicle, Remgro Ltd., is planning to sell its stake in the local unit of energy giant TotalEnergies SE, according to people familiar with the matter.
Mediclinic International agreed to the latest in a series of offers from a consortium led by billionaire Johann Rupert, valuing the South African hospital operator at 3.7 billion pounds ($4.5 billion).
Private hospital group Mediclinic has warned that the government's proposed National Health Insurance (NHI) system will introduce a number of key threats to health in South Africa - including the destruction of private healthcare and medical aid cover.
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