BusinessManufacturingTechnology

Barloworld Nears Delisting as Newco Secures 90.7% Controlling Stake

Industrial equipment firm Barloworld is approaching full private ownership as Newco consolidates control over 90.7% of ordinary shares. The extended tender period allows remaining shareholders to complete transactions ahead of anticipated delisting.

Private Ownership Transition Accelerates

Industrial equipment company Barloworld is reportedly nearing the final stages of its transition to private ownership, with consortium-backed Newco now controlling 90.7% of the company’s ordinary shares, according to recent reports. Sources indicate this significant milestone positions the company for potential delisting from public exchanges once formal requirements are met.

BusinessMergers

Rayonier and PotlatchDeltic Announce $8.2 Billion Merger to Create Timber Industry Leader

Two timber industry giants are joining forces in a landmark merger that reshapes North American forestry. The combined company will control massive timberland assets and manufacturing capacity amid volatile lumber markets.

The timber industry is witnessing a historic consolidation as Rayonier and PotlatchDeltic announced their merger in an $8.2 billion all-stock deal. This strategic combination creates one of the largest publicly traded timber and wood products companies in North America, positioning the new entity to better navigate the volatile lumber markets while achieving significant operational synergies.

Transaction Details and Shareholder Value