TI Fluid Systems plc (GB:TIFS) has released an update.
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TI Fluid Systems has extended the deadline for ABC Technologies to decide on a potential acquisition offer. ABC, backed by Apollo Management, is conducting final due diligence and financing arrangements before making a firm offer at 200 pence per share. This move keeps investors on edge as the possibility of a takeover remains uncertain.
For further insights into GB:TIFS stock, check out TipRanks’ Stock Analysis page.