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TI Fluid Systems plc ( (GB:TIFS) ) has shared an update.
TI Fluid Systems plc has announced a change in the voting rights held by Morgan Stanley, which has acquired a significant shareholding of 5.19% in the company. This acquisition may influence the company’s governance and strategic decisions, potentially impacting its operations and market positioning within the automotive supply industry.
More about TI Fluid Systems plc
TI Fluid Systems plc is a UK-based company operating in the automotive industry. It specializes in the development and supply of fluid storage, carrying, and delivery systems for the automotive sector, with a focus on providing innovative solutions in fuel tank and delivery systems, brake and fuel lines, and thermal management products.
YTD Price Performance: 0.31%
Average Trading Volume: 4,305,253
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £954.5M
Learn more about TIFS stock on TipRanks’ Stock Analysis page.