मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Barloworld extends R23bn buyout offer amid shareholder delays
The Star
|May 12, 2025
THE contentious buyout offer for Barloworld has been extended by more than six weeks because some brokers and financial services companies are delaying selling their clients' Barloworld shares in support of the offer.
The stand-by offer for Barloworld shareholders to accept the R23 billion offer by Saudi Arabian firm Zahid Group in concert with Barloworld CEO Dominic Sewela, closed on Friday, again with insufficient shareholder support, but Barloworld's independent board has extended the offer to June 30.
The initial offer for the international heavy industrial equipment and food and ingredient solutions group was first made in February 2024, but shareholders raised issues about transparency, possible conflicts of interest due to the CEO's participation, and some shareholders wanted a better offer than R120 per share, while the shareholder vote failed.
यह कहानी The Star के May 12, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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