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Apollo Secures Another Week for £1B Bid For Auto Parts Biz

Apollo Secures Another Week for 1B Bid For Auto Parts Biz
Auto parts supplier TI Fluid Systems said Friday that both it and the U.K. mergers and acquisitions authority have given Canadian rival ABC Technologies a second extension to finalize its takeover offer of approximately £995 million ($1.3 billion).
By Dawood Fakhir ( November 22, 2024, 2:20 PM GMT) -- Auto parts supplier TI Fluid Systems said Friday that both it and the U.K. mergers and acquisitions authority have given Canadian rival ABC Technologies a second extension to finalize its takeover offer of approximately £995 million ($1.3 billion)....
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