Mar 28, 2019ACQUISITION
ZF Friedrichshafen to acquire WABCO for $7 billion
ZF Friedrichshafen AG has entered into a definitive merger agreement to acquire WABCO Holdings Inc. for $136.50 per share in an all-cash transaction valued at over $7 billion. The acquisition is expected to close in early 2020.
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“This is the right combination at the right price at the right time for WABCO.”globenewswire.com
- 4 sources
- globenewswire.comWABCO to be Acquired by ZF Friedrichshafen for $136.50 perWABCO Holdings Inc.Mar 28, 2019
- news.cision.comZF signs definitive agreement to acquire WABCO - ZFMar 28, 2019
- prnewswire.comZF signs definitive agreement to acquire WABCOZFMar 28, 2019
- oemoffhighway.comAcquisition Brings Technological Advantages | OEM Off-HighwaySara JensenApr 4, 2019
Summarized from public sources; check the original articles before acting on it.