Rand Merchant Bank (RMB) buys a 25% shareholding in Remgro's Ubiquity Energy Platform.
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).
PSG Asset Management says its 3M investment philosophy targets under-appreciated companies trading at favourable prices.
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