ZF says offer for Haldex might not be its lastThu, 22, Sep 2016
German Supplier ZF has not ruled out a further improvement in its offer for Swedish braking systems maker Haldex in view of German rival Knorr-Bremse's higher bid, CEO Stefan Sommer said.
ZF matches Knorr-Bremse's bid for HaldexWed, 14, Sep 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.