Remgro and Investment Holding Limited (IHL) have signed an implementation agreement to restructure their shared interests in Mediclinic Holdings. The move would split the combined group along geographic lines. Remgro would become the sole owner of Mediclinic Southern Africa (MCSA). IHL would take 100% of Hirslanden, Mediclinic’s Swiss business. Remgro, chaired by Johann Rupert, and IHL currently each hold 50%…
Tag: Switzerland
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Mediclinic Restructuring Deal: Remgro and MSC to Split Assets
Investment powerhouse Remgro and Investment Holding Limited (IHL), a subsidiary of MSC Mediterranean Shipping Company, have announced plans to restructure their joint interests in Mediclinic Holdings. The two major shareholders issued a cautionary announcement detailing an in-principle, non-binding agreement to divide key geographic assets between them. Under the proposed Mediclinic restructuring deal, Remgro will acquire 100% ownership of Mediclinic Southern…