Barloworld to unbundle freeworld coatings

Pigment & Resin Technology

ISSN: 0369-9420

Article publication date: 21 March 2008

Citation

(2008), "Barloworld to unbundle freeworld coatings", Pigment & Resin Technology, Vol. 37 No. 2. https://doi.org/10.1108/prt.2008.12937bab.032

Publisher

:

Emerald Group Publishing Limited

Copyright © 2008, Emerald Group Publishing Limited


Barloworld to unbundle freeworld coatings

Article Type: Industry news From: Pigment

Barloworld confirmed its intention to dispose of its interest in coatings through a distribution of the ordinary shares of coatings held by Barloworld to the Barloworld ordinary shareholders. The unbundling will have a number of benefits, including: unlocking the value gap between Barloworld's intrinsic value and its market value; and the creation of a more focused Barloworld Group, the company reported.