TT Electronics shareholder to reject £287m takeover

A shareholder in TT Electronics Plc says it will reject the £287 million takeover offer from Swiss electronics firm Cicor Technologies Ltd. DBAY, which owns a 16.5% stake in TT, said it is “not supportive of the acquisition”. TT responded by revealing that it had rejected three “highly conditional” offers from DBAY for the company in the … Continue reading TT Electronics shareholder to reject £287m takeover