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BCX cautionary renews takeover talk

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Business Connexion (BCX) has published a new cautionary announcement, renewing speculation that part of the group is a takeover target. 

BCX was the subject of an attempted acquisition by Telkom, which was finally scuppered last year after months of hearings and appeals to the Competition Tribunal.
The latest rumour doing the rounds is that BT could be eyeing the company, both for its infrastructure and its BEE credentials.
BT has made no secret of the fact that it is looking for a BEE partner.
The latest cautionary, published yesterday, warns shareholders that Business Connexion Communications has entered into unspecified negotiations.