Mediclinic has rebuffed a £2bn takeover offer from a group of investors that include its biggest shareholder, Remgro, setting up its shares for their best day in eight months as equity traders bet the Johann Rupert-chaired investment heavyweight is likely to return with a higher bid.
Along with MSC Mediterranean Shipping Company, in late May Remgro offered 463p a share for the 55.4% it does not already own in SA’s most valuable hospital group, which is also listed in London. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kraft Heinz wants Latin America to become its second-largest marketThe packaged food maker aims to double the pace of its sales growth in the region in the next five years
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: Moneyweb - 🏆 5. / 77 Read more »
Market data — June 7 2022Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH: Market ReportBusiness Day TV talks to Robert Towell from Sasfin Securities
Source: BDliveSA - 🏆 12. / 63 Read more »
GDP exceeds market projections, growing nearly 2% in first quarterThe manufacturing sector and trade industry were the biggest contributors to GDP growth
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE surrenders Monday’s gainsAustralia’s surprisingly big rate hike catches investors by surprise with looming US jobs data and Fed meeting adding to the cautious mood
Source: BDliveSA - 🏆 12. / 63 Read more »