The bidding war for Haldex escalates as a third interested buyer joins the fray. In July, SAF Holland approached with an offer for the Swedish brake system specialist at SEK 94.42 (US$11.03/share. A few weeks later ZF confirmed that it was offering SEK 100/share. Now, one month on from that Knorr-Bremse has come out with an offer of SEK 110/share.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?