Announced
ZF Friedrichshafen acquires 20% stake in Haldex for $46m.
Synopsis
ZF Friedrichshafen, a leading German car parts manufacturer acquires a 20% stake in Haldex, a brakes systems manufacturer for $46m. Friedrichshafen, through its wholly-owned subsidiary ZF International, has successfully placed 8.9m shares in Haldex for $5.16 for each share.
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