Barloworld Limited: Acquisition by Saudi-Sewela entity to see Barloworld delist
Diversified industrial group Barloworld is set to be acquired by a recently formed special purpose consortium - Newco - comprising a Saudi Arabian group and a company linked to current CEO Dominic Sewela. This should lead to the delisting of the group on the JSE.
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Barloworld is an industrial brand management company that provides rental, fleet management and product support services.
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