Barloworld shares slump as it probes export issues at Russian unit

Barloworld’s share price was down 12.5% at close of trade on Friday after it said it had told US authorities of possible export control violations, which it is probing.

They entail sales of certain goods to its Russian subsidiary. The group said it submitted an initial notification of voluntary self-disclosure to the US commerce department’s Bureau of Industry and Security regarding the possible violations...

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