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5 hours ago

Rupert entity paid R2.3bn ‘bonus’ for Reinet’s PensCorp sale

Rupert entity paid R2.3bn ‘bonus’ for Reinet’s PensCorp sale

A Jersey-registered entity controlled by Rupert family interests was paid an outsized performance fee of €117 million following the sale of JSE-listed Reinet’s largest asset – a 49.5% stake in specialist UK insurer Pension Insurance Corporation... Read more.

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