Tait won’t up its offer for Vital ‘under any circumstances’

Tait Communications has its headquarters in Christchurch. (Image: Supplied)

Fri, 11 Jul 2025

Tait Communications says it will not be increasing its offer for Vital “under any circumstances”.The Christchurch-based critical communications systems provider made a formal offer in June to purchase NZX-listed Vital for 45c per share and 13c per employee option.Tait has now told Vital shareholders and option holders in a letter that while the valuation report from independent advisers Grant Samuel and recent media commentary speculated that it might be willing to pay a higher price, “ Tait is of the view that its offer is at...

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