www.pcimag.com/articles/84720-barloworld-signs-agreement-with-midas-paints

Barloworld Signs Agreement With Midas Paints

November 1, 2005
SANDTON, South Africa - Barloworld Ltd. of South Africa has signed an agreement with the owners of Midas Paints (Pty.) Ltd., trading as Midas Earthcote, to acquire the company for a cash consideration of approximately R40 million. The deal, which is subject to a due diligence process and competition authority approval, will see Midas become part of Barloworld's South African coatings operations.