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New Deal


Announced

ZF Friedrichshafen to acquire a 25% stake in WABCO India for $440m.

Financials

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Transaction Value£346m
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Acquisition

vehicle components

Public

India

Single Bidder

Minority

Pending

Auto Parts

Tender Offer

Synopsis

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ZF Friedrichshafen, a German car parts maker headquartered in Friedrichshafen, offered to acquire a 25% stake in WABCO India, an India-based manufacturer of automotive parts, for $440m. The open offer was triggered after the German company acquired US-based Wabco Holdings.

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