tiprankstipranks
Trending News
More News >

Glazer Capital Acquires Major Stake in TI Fluid Systems

Story Highlights
Glazer Capital Acquires Major Stake in TI Fluid Systems

TI Fluid Systems plc ( (GB:TIFS) ) has shared an announcement.

Glazer Capital, LLC, a New York-based investment manager, has acquired a significant stake in TI Fluid Systems plc, crossing the 5% threshold of voting rights through financial instruments. This acquisition highlights Glazer Capital’s strategic interest in the automotive fluid systems sector, potentially influencing TI Fluid Systems’ market dynamics and shareholder composition.

More about TI Fluid Systems plc

TI Fluid Systems plc is a UK-based company operating in the automotive industry, specializing in the design and manufacture of fluid storage, carrying, and delivery systems for light vehicles. The company focuses on providing innovative solutions to enhance vehicle performance and efficiency.

YTD Price Performance: 2.07%

Average Trading Volume: 3,224,371

Technical Sentiment Signal: Sell

Current Market Cap: £971.2M

See more data about TIFS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App