Barloworld may get back its BEE security

November 17, 2009

Barloworld will in the next 10 days recoup all of the R125 million it placed in an interest-bearing account earlier this year to underpin its black economic empowerment (BEE) transaction if its share price remains at current levels.

Chief executive Clive Thomson confirmed yesterday the company had already recouped R31m in September.

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