Zahid offers $1.3 billion for South Africa's Barloworld in acquisition bid
This underscores Zahid’s aggressive push to capitalize on Africa’s infrastructure boom amid global interest in the continent’s construction sector.
Barloworld
Barloworld in talks to sell African Caterpillar business to Zahid Group-led consortium
The potential deal could reshape Africa's heavy equipment market.
South African exec Dominic Sewela’s stake in Barloworld now worth $2 million
Sewela, the group CEO of Barloworld, holds a 0.23-percent minority stake in the South African industrial powerhouse.