INDUSTRIAL brands and logistics group Barloworld on Friday announced the sale of its Scandinavian car rental operations for R1,lbn in a bid to focus more on core assets in the group.
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South Africa: Barloworld to Shed More Noncore Units
JOHANNESBURG, July 2 (Reuters) – South African industrial group Barloworld said on Friday it will sell its Scandinavian car rental units for about 222 million rand ($28.71 million) to pay down debt and focus on higher-margin businesses. The company, which leases and sells automobiles and earth-moving equipment, said it would sell its interest in Avis and Budget car rental operations in Denmark …
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(AFX UK Focus) 2010-07-02 10:55 UPDATE 1-Barloworld sells Europe car units for 222 mln rand
Police shot and killed an armed robbery suspect who tried to get away from officers in a rental car.
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Police kill suspect after chase