ZF Raises Offer for Haldex to Match Rival Bid for Brakemaker

Updated on
  • Knorr-Bremse says it can offer Haldex a ‘better future’
  • ZF says it secured control of more than 21 percent of Haldex

ZF Friedrichshafen AG raised its bid for Haldex AB to match a rival offer from Knorr-Bremse AG for the Swedish maker of truck brakes in an attempt to end a bidding war.

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