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    Home > Finance > Swiss firm Cicor agrees to buy UK's TT Electronics in $385 million deal
    Finance

    Swiss firm Cicor agrees to buy UK's TT Electronics in $385 million deal

    Published by Global Banking & Finance Review®

    Posted on October 30, 2025

    1 min read

    Last updated: January 21, 2026

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    Tags:corporate bondsMergers and Acquisitionsfinancial communityInvestment management

    Quick Summary

    Cicor Technologies will acquire TT Electronics for $385 million, offering cash and shares to shareholders, impacting UK finance.

    Table of Contents

    • Cicor's Acquisition of TT Electronics
    • Details of the Buyout Agreement
    • Implications for Shareholders

    Cicor Technologies to Acquire TT Electronics for $385 Million

    Cicor's Acquisition of TT Electronics

    (Reuters) -Britain's TT Electronics said on Thursday it agreed to the terms of a buyout proposal by Swiss firm Cicor Technologies, which will value the company at about 287 million pounds ($385.18 million).

    Details of the Buyout Agreement

    Under the deal terms, each TT Shareholder will receive 100 pence in cash apiece and 0.0028 new Cicor shares.

    Implications for Shareholders

    ($1 = 0.7451 pounds)

    (Reporting by Yamini Kalia in Bengaluru; Editing by Rashmi Aich)

    Key Takeaways

    • •Cicor Technologies to acquire TT Electronics for $385 million.
    • •TT Electronics shareholders to receive cash and Cicor shares.
    • •Deal values TT Electronics at 287 million pounds.
    • •Acquisition impacts UK and Swiss financial markets.
    • •Exchange rate: $1 equals 0.7451 pounds.

    Frequently Asked Questions about Swiss firm Cicor agrees to buy UK's TT Electronics in $385 million deal

    1What is a merger?

    A merger is a business transaction where two companies combine to form a single entity, often to enhance competitiveness, increase market share, or achieve economies of scale.

    2What are corporate bonds?

    Corporate bonds are debt securities issued by companies to raise capital. Investors receive periodic interest payments and the principal amount back at maturity.

    3What is an acquisition?

    An acquisition occurs when one company purchases another company, either by buying its shares or assets, to gain control and enhance its business operations.

    4What is a shareholder?

    A shareholder is an individual or institution that owns shares in a company, entitling them to a portion of the company's profits and voting rights in corporate decisions.

    5What is cash management?

    Cash management refers to the process of collecting, managing, and investing cash to ensure a company has sufficient liquidity to meet its obligations.

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