Something afoot at Bell Equipment
Speculation is rife that Bell Equipment, once an industrial stalwart, is in play. But will shareholders get the best deal?
Speculation around pending corporate activity at Bell Equipment — best known for its specialised earth-moving vehicles — is ringing more audibly around the JSE, even after an official denial that a possible takeover is in the offing.
Bell has come under intense scrutiny recently, thanks in part to two frustrated groups of international shareholders.