Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 40

Thursday, 22 July 2021, 11:01 am

One of Telit Communications largest shareholders plans to vote against Dbay's revised £320 million offer for the company.

This week Dbay increased its offer for Telit to 229.5p a share after delaying last week's shareholder vote when it became clear the private equity fund wouldn't have enough support to approve the scheme of arrangement to take the company private at the previously recommended 220p a share...

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