Barloworld will unbundle its stake in car-hire firm Avis SA and list its car rental and leasing business, which includes Avis and Budget, separately on the JSE as the Zeda Group next month.
The deal was finally confirmed on Monday in the annual results of the diversified industrial group for the year to end-September...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.