Barloworld shifts its portfolio

Barloworld is an interesting company that keeps me busy. I’ve written a few times this year about the happenings at the company. Barloworld is currently a turnaround story. With a market capitalisation above R18bn (the value of the company based on the share price and the number of shares in issue), it’s certainly not a small cap either. The company …

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Barloworld gets its MAC on

Corporate mergers and acquisitions are fascinating beasts. In case you’re wondering, MAC doesn’t stand for mergers and acquisitions, but more on that later. The headlines always describe the deal as though nothing can go wrong. “Tongaat Hulett sells Starch division to Barloworld for R5.35 billion,” screamed the business media back in March. The better media houses (like Creamer Media) typically …

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