Barloworld to sell its logistics business by the end of the year

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Group is also planning to exit from its car rental and leasing business.
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The Competition Tribunal has given the logistics transaction the green light. Image: Supplied
Barloworld anticipates disposing of its logistics division by the end of this year as its progresses with its strategy to reposition the company as an industrial processing, distribution, and services group.
Barloworld Group CEO Dominic Sewela on Monday also confirmed that all the substantive conditions for the sale of the group’s motor retail business have been met earlier than anticipated.
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