Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 30

Monday, 29 March 2021, 2:38 pm

With Telit Communications back in play the spotlight is on some of the big investors that could seal the company's fate.

One investor that will likely have a role is Davide Serra, the Italian hedge fund manager who runs Algebris.

Serra has held a personal stake (i.e. a shareholding in his own name rather than through his fund) in Telit for quite some time. Indeed, in 2018 he disclosed via RNS he controlled 7pc of the company...

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Post Comment