A Grand Exit for TI Fluid Systems from FTSE 250 Index Following Cash Acquisition by ABC Technologies

In a surprising turn of events, TI Fluid Systems (TIFS), the UK’s auto components giant, has bid farewell to the FTSE 250 Index. The reshuffling came into effect following the court’s approval of a scheme of arrangement relating to the cash acquisition of TIFS by ABC Technologies Acquisitions Limited. Despite not being a constituent, ABC Technologies has gained control of the valuable asset, a move that effectively ejects TIFS from the Index.

The gap left by TIFS in the esteemed FTSE 250 is not to remain vacant for long. Ocean Wilsons, another UK-based company, is set to fill the void left by TI Fluid Systems. The change also implies that the company will exit the FTSE SmallCap Index. These changes have been announced to be effective from 15 April 2025.

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