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 ...

(Bloomberg) -- 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 ...

Newco, a recently formed special purpose consortium, which is intensifying efforts to drive its bid to acquire JSE-listed industrial giant Barloworld, said on Friday that it will be engaging the ...

Barloworld’s shares traded 0.1% lower at R97.95 by 10:31 in Johannesburg on Monday. They’ve declined about 7.5% since Zahid’s offer was rejected on February 28 ...