BRIGHT KHUMALO,PORTFOLIO MANAGER AND ANALYST AT VESTACT ASSET MANAGEMENT
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Barloworld, a leading distributor of global brands providing rental, logistics and fleet management solutions, has announced a public offer to establish a black-owned and managed property company with assets of R2.9 billion.
Some if Barloworld’s well-known brands include Caterpillar, Avis, BMW, Mercedes Benz, Toyota and Ford. Barloworld was established 117 years ago in Durban by Major Billy Barlow and now has operations in 16 countries, 17 400 employees and a JSE market capitalisation of R29 billion.
Some if Barloworld’s well-known brands include Caterpillar, Avis, BMW, Mercedes Benz, Toyota and Ford. Barloworld was established 117 years ago in Durban by Major Billy Barlow and now has operations in 16 countries, 17 400 employees and a JSE market capitalisation of R29 billion.