TT Electronics chair to step down amid Cicor takeover collapse

TT Electronics’ proposed £287 million takeover by Swiss electronics group Cicor has collapsed after shareholders voted against the deal, bringing an end to a process that began in October. The boards of both companies had agreed a recommended cash and share acquisition, under which Cicor would acquire the entire issued and to-be-issued share capital of … Continue reading TT Electronics chair to step down amid Cicor takeover collapse