ZF agrees terms to acquire WABCO

摘要

Germany/Belgium - ZF Friedrichshafen AG of Friedrichshafen, Germany has entered into a definitive agreement to acquire motion control systems specialist to the CV industry, WABCO Holdings Inc of Brussels, Belgium, for around USD7bn, the equivalent of USD136.50 a share. The proposed acquisition has been approved by ZF's Management Board and Supervisory Board and the Board of Directors at WABCO and now subject to the competition authorities.