Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 39

Tuesday, 20 July 2021, 5:07 pm

Betaville notes activist private equity firm Dbay Advisers has just increased its offer for Aim-listed "internet of things company" Telit Communications by another £20 million.

Dbay is now offering 229.5p a share for Telit and also made it "final". The move comes after it became clear investors weren't going to back the last scheme of arrangement vote. Below is the link to the deal announcement:..

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