ZF Friedrichshafen Tops SAF With $516 Million Bid for Haldex

  • Swedish company accepts ZF’s offer that beats SAF’s by 5.9%
  • ZF CFO said two months ago that company would seek more deals

ZF Friedrichshafen AG offered 4.41 billion kronor ($516 million) to acquire Haldex AB to widen its offering of truck parts, topping an unsolicited bid for the Swedish manufacturer from German competitor SAF-Holland SA.

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