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TT Electronics rejects Volex takeover offers
TT Electronics shares surge after Volex Group makes £248.6m takeover offer
Despite the resilience of TT Electronics’ underlying business, it has faced persistent challenges in recent years'
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.
SMALL CAP MOVERS: TT Electronics rejects Volex takeover offers
Volex on Friday disclosed that it has tabled two cash-and-share offers, the first valuing TT at 129p per share and the second at 139.6p per share.
TT Electronics rejects takeover approach worth £250m by Lord Rothschild’s Volex
TT Electronics rejects takeover approach worth £250m by Lord Rothschild’s Volex - Shares in Woking-based TT Electronics soared by more than a third following the announcement.
UK's TT Electronics rejects two takeover proposals from Volex
(Reuters) -
Volex
Plc said on Friday that TT Electronics had declined to engage with it and rejected two takeover offers it had submitted to the British electronic components maker.
Volex
...
4d
on MSN
Volex makes a second 'highly attractive' offer for TT Electronics, urging shareholder engagement
The board of Volex has said that its second takeover proposal for TT Electronics is a "highly attractive" opportunity for TT ...
4d
Volex Insider Ups Holding By 213% During Year
Viewing insider transactions for Volex plc's ( LON:VLX ) over the last year, we see that insiders were net buyers.
4d
on MSN
FTSE 100 Live 15 November: GDP disappoints, fresh GSK slump offsets Land Securities upgrade
The weaker backdrop means the FTSE 100 index is forecast to give up all yesterday’s rise, with futures pointing to a decline ...
3d
on MSN
MARKET REPORT: Nat Rothschild's Volex swoops on TT Electronics
TT Electronics confirmed it had rejected Volex's takeover proposal, and added it had also declined a higher bid from an ...
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