The potential R23 billion takeover of Barloworld by a consortium led by Saudi Arabia’s Zahid Group has moved a step closer to completion. A significant hurdle related to potential violations of U.S. trade laws has been addressed, providing a positive path forward for the deal. The consortium, named Newco, consists of Gulf Falcon Holding, a … Continue reading Saudi-led consortium secures key approval for R23 billion Barloworld buyout