ZF withdraws offer to buy Haldex
ZF becomes the largest shareholders in the Swedish supplier
ZF has withdrawn its public cash offer to shareholders of Haldex AB, the company said in a press release today (5 October). Last month, the company raised its offer to SEK120 per share to buy Haldex share, after another German supplier Knorr-Bremse announced a much higher offer. The acceptance period for the offer ended on Monday (3 October).
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