Barloworld stocks plunged by more than 5% in afternoon trade on the JSE on Wednesday following a vote against the R23 billion takeover bid by a consortium involving management of the company and ...

In a five-month trading update published on Tuesday, JSE-listed Barloworld says the performance of the group’s Mongolia ...

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Zahid, which owns 19% of Barloworld, failed to get shareholder approval to acquire all the shares in the South African company, triggering a standby offer. “We are moving forward with the ...

Sewela’s dual role as both Barloworld CEO and a Newco director has fuelled controversy, though the company has defended its transparency. On February 26, Barloworld stated, “From the time the ...

Saudi Arabia’s Zahid Group will start fresh negotiations with the shareholders of South Africa’s Barloworld Ltd., after an initial acquisition offer was rejected. The consortium led by Zahid ...

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The Saudi company Zahid Group is in talks to acquire Barloworld Ltd., the South African distribution division of the American heavy equipment manufacturer Caterpillar Inc. This is reported by foreign ...