The acquisition of Barloworld, a Johannesburg Stock Exchange-listed industrial conglomerate, by a consortium of investors led by Saudi Arabia’s Zahid Group has officially become unconditional, marking a major milestone in the transaction. Barloworld is best known as the exclusive distributor of Caterpillar construction and mining equipment across Southern Africa. The company is now set to … Continue reading Barloworld takeover by Zahid-led consortium becomes unconditional