ZF says offer period for Haldex ends on 3 October, will not be extended

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M&A

ZF to not waive 50% acceptance level

ZF Friedrichshafen says that its offer of SEK120 per share to acquire Haldex will end on 3 October and that the company would not extend the offer unless all conditions, including acceptance of 50% of the total number of shares in Haldex, were met, according to a company press release yesterday (29 September).

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