# ZF Steering Gear (India) accepts settlement proposal to sell JV shares to Robert Bosch Automotive Steering

ZF Steering Gear (India) Ltd accepted a settlement proposal to sell and transfer 129.4 million shares of Robert Bosch Automotive Steering to Robert Bosch Automotive Steering GmbH. The transaction is expected to be completed in July 2019.

- Type: Acquisition
- Announced: 2019-05-28
- Where: India
- Status: announced
- Products: automotive steering systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ZF Steering Gear (India)](https://endata.com/companies/39625.md)
- [Robert Bosch Automotive Steering](https://endata.com/companies/7794.md) (acquirer)

## Sources

- [in.investing.com](https://in.investing.com/news/stock-market-news/briefzf-steering-gear-india-accepts-settlement-proposal-wrt-jv--with-robert-bosch-automotive-steering-gmbh-germany-1574226), 2019-05-28: "ACCEPTED PROPOSAL OF SETTLEMENT CONNECTED WITH JV WITH ROBERT BOSCH AUTOMOTIVE STEERING GMBH,GERMANY"

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