Barloworld in R118m BEE deal

July 22, 2005

Diversified industrials group Barloworld on Thursday announced that it has sold a 25 percent stake in its South African and African logistics business to an empowerment ...

consortium led by industry veteran, Isaac Shongwe and his company, Letsema Holdings, for about R118-million (subject to final net asset value on the effective date).

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