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ABC Technologies-TI Fluid deal needs clearance in several countries

By Jon Menon ( November 29, 2024, 10:18 GMT | Insight) -- ABC Technologies’ 1 billion-pound buyout of British automotive components company TI Fluid Systems is conditional on antitrust clearance in several countries including the UK, the EU and the US, in addition to getting foreign direct investment approvals. The deal is expected to complete in the first half of 2025.ABC Technologies’ buyout of British automotive components company TI Fluid Systems is conditional on antitrust clearance in several countries including the UK, the EU and the US, in addition to foreign direct investment approvals....

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