Reported about 12 hours ago
Barloworld Ltd. shareholders are advised to accept a takeover offer of 120 rand per share, valuing the deal at $1.2 billion, as recommended by Glass Lewis and ISS. The offer, backed by independent analysis, is seen as an attractive opportunity for shareholders, though a significant investor indicates a refusal to entertain offers below 130 rand. A final shareholder meeting is set for February 26 to decide the offer's fate.
Source: YAHOO