Tue, 26th Mar 2024 16:52
(Sharecast News) - Peel Hunt said on Tuesday that BC Omega Holdco plans to sell around 30m shares in TI Fluid Systems in a placing to institutional investors.
BC Omega currently holds just over 191m shares, which represents a stake of around 37.3%.
The placing price per share will be determined by way of an accelerated bookbuilding process, which has already begun.
Peel Hunt is the sole global co-ordinator and bookrunner on the placing.
(Sharecast News) - London's stocks finished with gains on Thursday, fuelled by strong performances from key players like Standard Chartered and Smurfi...
(Alliance News) - TI Fluid Systems PLC on Thursday said it was "on track" to hit full-year targets although sales fell modestly at the start of 2024.
(Sharecast News) - Fluid engineering specialist TI Fluid Systems held guidance after first-quarter revenues fell 0.4%, in line with expectations to &#...
TI Fluid Systems (TIFS)