Canada's ABC Technologies to buy British firm TI Fluid in $1.32 bln deal

Reuters11-29
Canada's ABC Technologies to buy British firm TI Fluid in $1.32 bln deal

Nov 29 (Reuters) - TI Fluid Systems TIFS.L said on Friday it agreed to be acquired by Canada's ABC Technologies, valuing the British automotive components supplier at 1.04 billion pounds ($1.32 billion).

($1 = 0.7860 pounds)

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sherry Jacob-Phillips)

((abyjose.koilparambil@thomsonreuters.com))

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