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...

More Markets

Selling Kiwifruit at Beijing’s $5b-a-year department store
Primary Sector

Selling Kiwifruit at Beijing’s $5b-a-year department store

Turns out the personal touch helps sell kiwifruit at a high-end Chinese supermarket.

NZX down 0.3% as world waits for Iranian response
Markets Market Close

NZX down 0.3% as world waits for Iranian response

"The inclination is not to do too much," Forsyth Barr analyst Peter Sigley said.

Gregor Thompson 23 Jun 2025
Caution prevails in markets as world waits for Iran's response
Markets

Caution prevails in markets as world waits for Iran's response

The Kiwi dollar struggling to gain any traction. 

Rebecca Howard 23 Jun 2025