RARE ALERT: Telit Communications said to ... - Part 26

Dbay Advisors is said to be back in talks with Telit Communications about a takeover offer for the Aim-listed 'internet of things' designer.

People following the situation said Dbay, which has in recent weeks built up a shareholding of over 26pc in Telit, has been carrying out due diligence on the company with a view to making a formal recommended offer for the business...