TT Electronics takeover collapses as shareholders narrowly reject Cicor bid
07/01/2026 13:50
Jan 7 (Reuters) - Britain's TT Electronics TTG.L said its 150-pence-per-share takeover by Swiss firm Cicor Technologies CICN.S collapsed on Wednesday after it failed to secure the necessary votes from shareholders. About 51.77% of shareholders by value voted in favour of the deal, below the 75% needed for the deal to go through. ($1 = 0.7411 pounds) (Reporting by Atharva Singh; Editing by Shreya Biswas) ((Atharva.Singh@thomsonreuters.com;))