Official shareholder voting results or announcements from TI Fluid Systems

Canadian ABC Tech to Buy TI Fluid Systems for £1 Billion, Boosting Peel Hunt

Nov 29, 2024, 08:36 AM

ABC Technologies, a Canadian auto parts manufacturer, has agreed to acquire British firm TI Fluid Systems for approximately £1 billion ($1.27 billion). The deal, which has been reported across various financial news platforms, marks a significant move in the automotive industry, potentially enhancing ABC Technologies' position in the global market for fluid management systems. Additionally, Peel Hunt is expected to benefit from the merger and acquisition activities.