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Barloworld Ltd. ADR (BRRAY)

- OTCPK - Current
  • May 30, 2012, 10:34 AM
    Caterpillar (CAT -2.9%) agrees to sell its Bucyrus distribution and support business in South Africa and Botswana to industrial group Barloworld (BRRAY.PK) for $115M. The divestment follows Caterpillar's $7.6B acquisition of Bucyrus, a maker of mining equipment, in 2011.
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Company Description
Barloworld is a diversified industrial company founded in 1902. Barloworld has operations in thirty-one countries around the world and approximately half of their twenty six thousand people are in South Africa. Barloworld offers customers business solutions backed by leading industrial brands,... More