Bell’s founding family fails again in bid to take group private
12 September 2024 - 18:52
The share price of Bell Equipment, the manufacturer and distributor of heavy industrial equipment, plunged on Thursday after the founding family’s latest bid to take the group private failed to garner enough shareholder support.
The stock weakened 13.61% after the R53 per share offer by the Bell family’s investment outfit IA Bell to buy out minority shareholders was shot down. ..
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