Bell Equipment’s largest shareholder will pay a 13% discount to raise its stake to about three-quarters,  the company said, disclosing long-waited financial details of the deal between two top investors that has left at least two minorities worried.

In September 2020 IA Bell, a private company that invests the Bell family’s wealth, announced it wanted to buy 31.41% of Bell Equipment from John Deere, the US multinational which has held the stake for 23 years. This would take IA Bell’s total stake to 70.1%. ..

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