UK's TI Fluid says it received an increased offer from Canada's ABC Technologies
12/10/2024 17:22
Oct 12 (Reuters) - TI Fluid Systems TIFS.L said on
Saturday it had received an increased offer of 200 pence ($2.61)
per share from Canada's ABC Technologies on Oct 10 to acquire
the London-listed automotive components supplier.
ABC Technologies in September proposed a buyout of TI Fluid
at 176 pence per share.
($1 = 0.7653 pounds)
(Reporting by Rishabh Jaiswal in Bengaluru, Editing by Timothy
Heritage)
((rishabh.jaiswal@thomsonreuters.com;))