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BRIEF-Telit Communications says considering possible sale of its automotive division
October 16, 2017 / 11:56 AM / a month ago

BRIEF-Telit Communications says considering possible sale of its automotive division

Oct 16 (Reuters) - Telit Communications Plc

* TELIT COMMUNICATIONS - AT&T CERTIFICATION & RESPONSE TO PRESS COVERAGE

* ‍BOARD HAS FOR SOME TIME BEEN ACTIVELY CONSIDERING FUTURE OF PRODUCT LINES WHICH MAY NOT FIT GROUP‘S LONG-TERM STRATEGY​

* ‍ONE OF PRODUCT LINES BEING CONSIDERED IS GROUP‘S AUTOMOTIVE DIVISION​

* THE REVIEW ‍PROCESS, LED BY ROTHSCHILD, IS AT A VERY EARLY STAGE Source text for Eikon: Further company coverage:

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