Barloworld and Tongaat Hulett are in dispute over the R5.3bn sale of the sugar producer's starch business
Industrial group Barloworld said on Tuesday a third-party opinion on its dispute with Tongaat Hulett over the R5.3bn sale of that company's starch business is due in September.
Barloworld triggered a material change clause — a rarely invoked clause in mergers and acquisitions that allows buyers to withdraw from deals if the value of the transaction has been undermined by a significant development.
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