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

Synopsis

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.

Principals

target

Wabco India

bidder

Zf Friedrichshafen

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