UPDATE 1-Barloworld to sell lease book to FirstRand unit


(Adds details) JOHANNESBURG, March 29 (Reuters) - South Africa's Barloworld plans to sell its equipment leasing book to vehicle finance group WesBank for 1.3 billion rand ($198 million) as part of a profit-sharing deal, Barloworld said on Monday. The world's largest independent dealer in lift trucks said the planned sale and alliance was in line with its strategy to put asset finance in the hands of expert partners. "While long term rentals, often linked with maintenance contracts, are ...

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