January 29, 2018 / 7:18 AM / 5 months ago

BRIEF-Telit Communications Says Received Interest From Numerous Parties and Range Of Proposals For Automotive Division

Jan 29 (Reuters) - Telit Communications Plc:

* RESPONSE TO PRESS COVERAGE

* NOTES PRESS SPECULATION REGARDING SALE OF ITS AUTOMOTIVE DIVISION​

* RECEIVED INTEREST FROM NUMEROUS PARTIES, RANGE OF PROPOSALS RECEIVED FOR AUTOMOTIVE DIVISION

* ‍BOARD IS NOT CONSIDERING SALE OF OTHER TELIT ACTIVITIES OR DIVISIONS ASIDE FROM AUTOMOTIVE DIVISION​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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