Brief: TI Fluid Systems Says On 10 Oct ABC Technologies Submitted Its Fifth All-Cash Proposal To Acquire Co At A Price Of 200 Pence Per Share

TI Fluid Systems

12/10/2024 17:59

Oct 12 (Reuters) - TI Fluid Systems PLC  TIFS.L :
    * STATEMENT REGARDING REVISED POSSIBLE CASH OFFER FROM ABC
TECHNOLOGIES INC. AND EXTENSION OF RULE 2.6 DEADLINE
    * TI FLUID SYSTEMS: ON 10 OCT ABC TECHNOLOGIES SUBMITTED ITS
FIFTH
ALL-CASH PROPOSAL TO ACQUIRE TI FLUID SYSTEMS AT A PRICE OF 200
PENCE PER SHARE
    * TI FLUID SYSTEMS: ABC TECHNOLOGIES HAS REQUESTED & CO AND
PANEL
ON TAKEOVERS & MERGERS HAVE CONSENTED TO AN EXTENSION OF "PUT UP
OR SHUT UP" DEADLINE
    * TI FLUID SYSTEMS: ABC TECHNOLOGIES IS NOW REQUIRED BY NOT
LATER
THAN 8 NOV TO EITHER MAKE AN OFFER FOR CO OR ANNOUNCE THAT IT
DOES NOT INTEND TO MAKE AN OFFER
    * TI FLUID SYSTEMS: THERE CAN BE NO CERTAINTY THAT A FIRM
OFFER
WILL ULTIMATELY BE MADE FOR TI FLUID SYSTEMS BY ABC TECHNOLOGIES

Source text for Eikon:  ID:nPreyC0zSa 
Further company coverage:  TIFS.L 

 ((Reuters.Briefs@thomsonreuters.com;))