Tait Communications wants Vital to fast-track growth

Tait Communications wants Vital to fast-track growth
Yoram Benit joined Tait Communications in June 2021. (Image: Supplied)
Gregor Thompson
Tait Communications says its takeover of Vital would help streamline one of its key growth projects.The Christchurch-based firm made a formal offer to acquire telecommunications company Vital on Thursday of last week.  Under the proposal, Tait would buy all Vital shares at 45 cents per share (cps), a 64% premium to the 27.5 cps it traded at before the potential buyout was first signalled on May 27. If successful, Tait told BusinessDesk that it will utilise Vital’s network and employees to help support and accelerate its Public S...

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