Rupert-founded Remgro’s takeover bid for Mediclinic has left many wondering about its game plan.
Analysts say a cash offer from Remgro and the shipping giant MSC to buy out Mediclinic investors was opportunistic – but while the bid was rejected, this may only be the start of a long game.
MSC is the world’s biggest shipping liner, with a total capacity of more than 4.3 million containers across 665 ships.
It formed a consortium with Remgro, which already owns almost 45% of Mediclinic, to offer a buyout bid to Mediclinic’s board.
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