Walls won't help anybody win, Sommer saysApril 3
ZF Friedrichshafen CEO Stefan Sommer said the company is “very worried” about a global protectionist tide that could jeopardize the free movement of goods and ideas upon which global companies such as ZF depend.
Knorr-Bremse seals victory in Haldex takeover battleDec. 7, 2016
German supplier Knorr-Bremse has won the first stage of its battle to take over Sweden's Haldex by obtaining 86.1 percent of the brake systems company's shares before its offer expired Monday. Knorr's offer is still conditional upon the company obtaining clearance from antitrust regulators.
ZF says offer for Haldex might not be its lastSept. 22, 2016
ZF matches Knorr-Bremse's bid for HaldexSept. 14, 2016
German supplier ZF raised its offer for Swedish brake systems maker Haldex to 4.86 billion Swedish crowns ($572 million) today, matching a rival bid from Germany's Knorr-Bremse. Haldex's board unanimously backed ZF's offer, saying it was less likely to be held up by antitrust regulators.