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Delphi agrees £1.07bn deal for HellermannTyton

30 July 2015 09:57

Delphi Automotive has agreed a 480p per share offer for HellermannTyton - a 44.5% premium to the closing price last night and valuing the cable maker at £1.07bn.

HellermannTyton's board intends to recommend unanimously that shareholders vote in favour.

At 9:57am:

(LON:HTY) HellermannTyton Group share price was +138.75p at 470.85p

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