Johann Rupert's Reinet walks away from major deal and restarts $585 million buyback
Billionaires Africa | 23.07.2026 14:10
Reinet Investments, the Luxembourg-listed vehicle chaired by South African billionaire Johann Rupert, has abandoned a large acquisition it spent months investigating and resumed a €500 million share buyback instead, leaving the question of what it will do with its cash pile unresolved.
