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Telit receives all-share takeover bid from U-blox
2020-11-20 09:41:00| Telecompaper Headlines
(Telecompaper) Telit Communications has announced the receipt of a preliminary all-share bid approach from Swiss company U-blox. Under the terms of the Proposal, Telit shareholders would receive U-blox shares with a value of GBP 2.50 per Telit share, which would result in Telit shareholders owning approximately 53 percent in the combined company, said Telit in a brief statement. "The board of Telit is considering the proposal and a further announcement will be made when appropriate," said Telit, adding that "the proposal assumes any such merger would be structured as an offer for Telit by U-blox."
Tags: bid
receives
takeover
telit
So Cal Edison receives eCascadia electric Class 8 truck; first utility in the US
2020-11-17 10:55:36| Green Car Congress
Honda receives type designation for Level 3 automated driving in Japan
2020-11-12 10:55:39| Green Car Congress
HMG Paints Ltd Receives UK Business Hero Award
2020-11-12 10:00:00| Coatings World Breaking News
Tags: business
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Casella Receives Approval for Landfill Expansion in Allegany County, NY
2020-11-12 07:00:00| Waste Age
Voters have approved a ballot measure to allow Casella Waste Sytems to add 107 acres to the 78-acre Hyland landfill in Allegany County, NY. Once completed, landfill capacity will increase to 1 million tons of waste, up from 465,000 tons of wast
Tags: county
ny
approval
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