TT Electronics rejects Volex takeover offers
UK's TT Electronics Rejects Offers From Volex and Mystery Suitor
Volex, the maker of power products and data connectivity cables, said the latest cash-and-stock proposal valued TT Electronics at 248.6 million pounds ($315.18 million), while the first offer comprised 62.9 pence in cash and 0.203 new Volex shares per TT Electronics share.
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The board of Volex has said that its second takeover proposal for TT Electronics is a "highly attractive" opportunity for TT ...
TT Electronics confirmed it had rejected Volex's takeover proposal, and added it had also declined a higher bid from an ...
Viewing insider transactions for Volex plc's ( LON:VLX ) over the last year, we see that insiders were net buyers.
Based on Volex's closing price of 325.0 pence per ordinary ... on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue ...
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