M&A

TI Fluid shares surge as Canada's ABC Tech rebuffed twice

By Frank Prenesti

Date: Monday 16 Sep 2024

(Sharecast News) - Shares in UK automotive parts supplier TI Fluid Systems soared by 15% on Monday as the company said it had rebuffed two approaches from Canada's ABC Technologies over the past month.
ABC - owned by private equity giant Apollo - made an initial proposal of 165p a share...

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