Haldex’s board recommends Knorr-Bremse bid after ZF withdrawal
Company was earlier favoring offer by rival ZF
The board of director of Haldex has recommended its shareholders to accept the offer of SEK125 per share made by Knorr-Bremse, the company said in a statement on Tuesday (8 November). However, the board reiterated the possible risk of the offer facing problem with regulatory authorities.
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