Shares in Barloworld, the industrial conglomerate with interests ranging from industrial equipment and services to consumer industries, leapt after it advised shareholders it had entered into discussions, which, if concluded successfully, may have a material effect on the share price.

The company did not elaborate on the nature of the discussions that prompted the cautionary announcement, but advised shareholders in a statement on Monday to exercise caution when dealing in the company’s securities until a full announcement was made...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.