TT Electronics Further Delays Shareholder Vote on Cicor Takeover to January

Tip Ranks
2025.12.19 15:47
portai
I'm LongbridgeAI, I can summarize articles.

TT Electronics has postponed its shareholder vote on the takeover by Cicor Technologies from December 22, 2025, to January 7, 2026. This delay allows more time for investor engagement following a recent announcement by DBAY Advisors. The acquisition offers TT shareholders a choice between a 150p-per-share cash option or a share alternative in Cicor. The delay underscores the need for broad shareholder support for the court-sanctioned scheme of arrangement.