AUBURN HILLS, Mich., April 15, 2025 /PRNewswire/ — ABC Technologies (ABC) today announces the completion of its acquisition of TI Fluid Systems plc (TIFS) for an enterprise value of over £1.8 billion. The combined business will be rebranded TI Automotive, a name with a distinguished heritage that reflects both companies’ shared focus on world-class engineering, people and customer service. 

The transaction brings together two highly complementary businesses to create a stronger, more diversified Tier 1 manufacturer supplying market-leading safety and performance critical products and highly engineered components. The business is ideally positioned to support a diverse range of customers with its propulsion agnostic portfolio. With combined revenue of $5.4 billion^[1] and 34,600 employees in 26 countries, TI Automotive will have the global scale and local reach needed to serve the automotive industry.

TI Automotive will be led by ABC President & Chief Executive Officer Terry Campbell. He will be supported by an Executive Leadership Team that combines the extensive skills and expertise of both ABC and TIFS. Headquartered in Auburn Hills, Michigan, TI Automotive will be managed through a Regional Operating Model to ensure customer proximity and the agility to respond rapidly to local market dynamics.

Terry Campbell, President & CEO of TI Automotive, said, “We have a great business with exceptional people, differentiated products, a deep commitment to safety and a relentless focus on delivering for our customers. As we embark on the next chapter of our history, we are focused on maximizing shared strengths, building on the best of both our organizations and winning as a team. The combination creates exciting opportunities to drive innovation and manufacturing excellence, while establishing the foundations for our future growth. I am confident that we will do great things together.”

^[1] Pro forma 2024 revenue

About TI Automotive

TI Automotive is a Tier 1 supplier of market-leading safety and performance critical products and highly engineered components to the global automotive industry. We have more than 100 years’ experience of solving customers’ safety, efficiency and environmental challenges. Our exceptional team, powertrain agnostic product portfolio, vertical integration, global footprint and customer proximity make us a trusted partner to all the world’s leading OEMs.

TI Automotive was created through ABC Technologies’ acquisition of TI Fluid Systems in April 2025 and is majority owned by certain of the affiliated funds of Apollo Global Management, Inc. and its subsidiaries, with funds managed by Oaktree Capital Management, L.P. owning a minority equity interest. For more information visit www.abctechnologies.com or www.tifluidsystems.com

View original content:https://www.prnewswire.co.uk/news-releases/abc-technologies-completes-acquisition-of-ti-fluid-systems-combined-business-will-rebrand-as-ti-automotive-302427871.html

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CHARLOTTE, N.C., April 15, 2025 /PRNewswire/ — Bank of America reported its first quarter 2025 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America’s Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.

Investor Conference Call information
Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call.

Investors can also listen to live audio of the conference call and view the presentation slides by visiting the “Events and Presentations” section of the company’s Investor Relations website.

Replay information for Investor Conference Call
Investors can access replays of the investor conference call by visiting the Investor Relations website or by calling 1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon on April 15 through 11:59 p.m. ET on April 25. 

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

Investors May Contact:

Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com 

Jonathan Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com

Reporters May Contact:

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Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com 

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View original content:https://www.prnewswire.co.uk/news-releases/bank-of-america-reports-first-quarter-2025-financial-results-302428822.html

VICTORIA, Seychelles, April 15, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced it will list WalletConnect Network (WCT) on April 15, 2025 (UTC), accompanied by Airdrop+ rewards totaling 273,000 WCT and 50,000 USDT for users.

WalletConnect is a leading network enabling seamless on-chain user experiences. As the backbone for wallet-to-DApp communication across blockchains like Ethereum, Solana, and Cosmos, it facilitates secure interactions without requiring users to switch wallets. With over 275 million connections and 45 million users worldwide, WalletConnect empowers users to engage with DeFi, NFTs, swaps, and staking applications through a unified interface. This infrastructure drives Web3 innovation by bridging wallets, applications, and blockchains effortlessly.

$WCT is the native token of WalletConnect, used for network incentives, governance, and transaction fees. It also supports validator staking rewards and decentralized decision-making. By staking $WCT, holders contribute to network security and protocol upgrades, ensuring a decentralized, permissionless, and community-driven ecosystem.

To celebrate the official listing of WalletConnect (WCT) on MEXC, MEXC is launching a limited-time Airdrop+ Event, open to both new and existing users.

Event Period:

April 9, 2025, 10:00 – April 25, 2025, 10:00 (UTC)

Here are the key benefits of the event:

Benefit 1: Deposit and share 195,000 WCT (Exclusive for new users)

Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (Open to all users)

Benefit 3: Invite new users and share 78,000 WCT (Open to all users)

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For full event details and participation rules, please visit here.

MEXC has established itself as an industry leader by consistently providing users with early access to promising crypto projects. In 2024, MEXC introduced 2,376 new tokens, with 1,716 initial listings. According to the latest TokenInsight report, from November 1, 2024, to February 15, 2025, MEXC led the industry with an impressive 461 spot listings. Additionally, during the bi-weekly periods, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. MEXC will continue to innovate and expand its offerings, providing users with the best opportunities in the ever-evolving crypto space.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:

The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

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View original content:https://www.prnewswire.co.uk/news-releases/mexc-lists-walletconnect-wct-with-airdrop-event-offering-273-000-wct–50-000-usdt-in-rewards-302428302.html