Thursday
July 2
2026

Africa’s Second-Richest Billionaire Takes Full Control of Major Private Hospital Network in $947 Million Deal

By Ayodeji Adegboyega

The transaction, finalised on July 1 after receiving all required regulatory approvals, gives Remgro sole ownership of one of Southern Africa’s largest private hospital groups, ending a long-standing joint ownership structure with Luxembourg-based Investment Holding Limited (IHL).

Photo credit: Oleg Elkov.

Source: Business Insider Africa (link opens in a new window)

Categories
Health Care, Investing
Tags
business development, public health, regulations