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Bell Equipment|Business|Financial|Industrial|Equipment
Bell Equipment|Business|Financial|Industrial|Equipment
bell-equipment|business|financial|industrial|equipment

Bell Equipment dismisses takeover offer rumour

31st July 2020

By: Marleny Arnoldi

Senior Deputy Editor Online

     

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Listed industrial group Bell Equipment on Friday dismissed rumours that it had received an offer for a shareholding in the company.

Bell was responding to an article that appeared in financial daily Business Day, which reports that the group had received a takeover offer from Chinese firm LiuGong months ago, citing a shareholder.

“The company has not received any offer regarding the acquisition of a shareholding in Bell Equipment," it said in a voluntary announcement to the JSE.

"The board has not been made aware of any pending transactions in respect of takeover of the company by any third party,” Bell confirmed.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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