◂ Announcements

May 21, 2020ACQUISITION

ZF acquires Wabco

ZF announced the acquisition of Wabco at US $136.50 per share, with the merger expected to be completed on May 29, 2020, after regulatory approvals from the US, EU, India, and China.

Status

Completed

Productscommercial vehicle braking solutionse-mobility drive systemsautonomous driving functions

CompaniesWABCO target ZF acquirer

Sectors#Automotive Components

“The planned acquisition is part of ZF's next generation travel strategy to expand the company's expertise.”ultratontrailer.com

1 source
ultratontrailer.comZF Announces the Acquisition of Wabco - Foshan Ultraton Engineering Machinery Co., Ltd.May 21, 2020

Summarized from public sources; check the original articles before acting on it.

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ZF acquires Wabco · Endata