ZF to acquire Wabco for $7 billion

ZF Friedrichshafen AG is acquiring all outstanding shares of Wabco Holdings Inc. for $136.50 per share in an all-cash transaction valued at over $7 billion. The deal is expected to close in Q2 2020 pending Chinese regulatory approval.

“Under the agreement, ZF will acquire all outstanding shares of WABCO for $136.50 per share in an all-cash transaction for an equity value of over $7 billion.”auto.economictimes.indiatimes.com

• 1 source
• auto.economictimes.indiatimes.comZf-wabco Merger: ZF, Wabco likely to close merger deal in Q2 2020, ETAutoMar 25, 2020

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