View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 16, 1989


By CBR Staff Writer

Plessey Co Plc announced after close of play Wednesday that it will appeal the High Court ruling in favour of GEC Plc over Plessey’s contention that the latter’s conditional agreements with Siemens AG trigger the pre-emptive buyout rights in the GEC Plessey Telecommunications Plc venture framework: the judge ruled that although the agreements between GEC and Siemens would be in breach of the terms, they wouldn’t come into effect until any GEC Siemens Plc bid for Plessey went unconditional, and therefore the agreement had not yet been breached; by the time the thing goes unconditional, it would of course be too late for Plessey.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.