Blue Bulls takeover by Johann Rupert and Patrice Motsepe

Two of South Africa’s wealthiest businessmen have reportedly made a bid to gain a majority share in the Bulls.   Afrikaans newspaper Rapport indicated over the weekend that Remgro boss Johann Rupert and mining magnate Patrice Motsepe have made a joint offer to gain a majority share in the Blue Bulls Company. Remgro, an investment holding company based in Stellenbosch, already has a 50% share in the Blue Bulls Company and together with Motsepe’s African Rainbow Company it could make the Bulls a financial powerhouse which will allow them to…

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