Knorr-Bremse Bids for Sweden’s Haldex to Surpass ZF’s Offer

  • Latest offer is 10 percent more than previous top takeover bid
  • Knorr-Bremse is third suitor for Swedish maker of truck brakes

Knorr-Bremse AG made a 4.86 billion-krona ($570 million) bid to buy Haldex AB, trumping an offer from ZF Friedrichshafen AG in a battle to take over the Swedish maker of truck brakes.

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