# 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.

- Type: Acquisition
- Announced: 2019-03-28
- Value: $7.00B
- Status: announced
- Products: braking control systems, air suspension systems, fleet management solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [WABCO](https://endata.com/companies/3234.md) (target)
- [ZF Friedrichshafen](https://endata.com/companies/4104.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/03/28/1781185/0/en/WABCO-to-be-Acquired-by-ZF-Friedrichshafen-for-136-50-per-Share-in-Cash.html), 2019-03-28: "This is the right combination at the right price at the right time for WABCO."
- [news.cision.com](https://news.cision.com/zf/r/zf-signs-definitive-agreement-to-acquire-wabco,c2773100), 2019-03-28: "We believe that, together with WABCO, ZF can form the world's leading integrated systems provider for commercial vehicle technology."
- [prnewswire.com](https://www.prnewswire.com/news-releases/zf-signs-definitive-agreement-to-acquire-wabco-300820333.html), 2019-03-28: "We believe that, together with WABCO, ZF can form the world's leading integrated systems provider for commercial vehicle technology."
- [oemoffhighway.com](https://www.oemoffhighway.com/electronics/smart-systems/automated-systems/article/21061946/acquisition-brings-technological-advantages), 2019-04-04: "We are moving fast in the area[s] of autonomous driving and new drive systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.