barloworldlatest news & developments
Barloworld. Image by Currency News

Opposition to Barloworld’s R120 bid crumbles – finally

The holdout investor wanting more from Barloworld’s bidders has finally thrown in the towel. But can the consortium get the 90% acceptance it wants?

Barloworld Newco. Rawpixel/Currency collage

Latest: victory for Barloworld investors

Barloworld’s bidders have been forced to stump up a full R120 per share after trying to deduct the June dividend from their offer

Barloworld loading. currency collage

Barloworld’s bulldozer bid is on the home stretch  

The complicated and controversial bid to buy JSE stalwart Barloworld is all over, bar a final upset from dissenting shareholder Silchester

Barloworld CEO Dominic Sewela.

Tribunal green light for Barloworld, but Silchester is the sticking point 

The Competition Tribunal’s blessing is the last regulatory hurdle for Dominic Sewela. But there’s the small matter of a big shareholder who wants more

Barloworld loading. currency collage

Is Barloworld’s BEE deal about to fall over? 

Realising its empowerment promises is still dependent on a major shareholder accepting the Barlow CEO’s buyout bid

Barloworld Competition Tribunal. Picture: Rawpixel / Currency collages

Barloworld: Newco needs more time

The Newco consortium has requested a postponement from the Competition Tribunal. An employee share ownership plan may be the reason

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Barloworld bid moves forward

Newco has waived the 90% acceptance condition attached to its R120-a-share bid for Barloworld

Barloworld Competition Tribunal. Picture: Rawpixel / Currency collages

Is the Barloworld deal good to go?

The Barloworld deal has not only been processed speedily – it looks set to be approved without onerous conditions

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Barloworld delay casts doubt on deal

Newco’s offer for Barloworld is losing steam. With shareholders seemingly locked in pause, the once-promising deal may be heading for trouble

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Barloworld buyout a step closer as PIC caves 

The PIC’s thrown its weight behind a Barloworld buyout thanks to a new BEE sweetener

AGM. Image by Currency News

Rating the AGMs – how the old Barlow’s unbundlings stack up  

It’s AGM season for the old Barloworld stable of companies; Spar and Nampak get top marks but the original scores a ‘fail’

Barloworld. Picture: Currency

Barloworld wants your vote – but it’s not making it easy for you 

It’s unlikely that Barloworld’s bidders will get the 90% acceptance they want. It means investors are stuck between a rock and a hard place

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Barloworld surges on bidder’s chatter

Can Barloworld’s Saudi bidder avoid a collision with South Africa’s takeover rules given unguarded talk that it wants a deal done, ASAP

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Consortium pulls the CAT card

The repeated mention of Caterpillar as a potential factor in the buyout is a bit troubling and hints at heavy-handedness

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CEO stays as Barloworld bid drags on

Barloworld’s compromised CEO isn’t going anywhere – even though his buyout offer will only be resolved by end-September

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Shareholders tell Barloworld board to take a hike

It’s no go for the compromised Barloworld CEO and his Saudi partners, as shareholders come out in force against a buyout bid

Barloworld. Image by Currency News

Shareholder revolt rocks Barloworld’s AGM

Barloworld’s board has been slammed for its handling of a controversial buyout bid. Its AGM provided a glimpse into just how angry shareholders are

Dominic Sewela. Picture: supplied.

Why Barloworld’s CEO should be benched  

Whatever way you cut it, managing Barloworld would be a lot more straightforward for all if CEO Dominic Sewela was parked on the bench

Barloworld. Image by Currency News

Barloworld CEO ‘no longer aligned’ with shareholders

Barloworld shareholder Silchester has slated the company’s board over its management of CEO Dominic Sewela’s buyout bid

Barloworld. Image by Currency News

Barloworld’s buyout bid: it gets sneakier

A standby offer clause could chill reluctant buyers into accepting what they see as a low-ball bid