/// Article alert

Knorr-Bremse raises Haldex stake to nearly 15%

German braking systems firm Knorr-Bremse says it has raised its stake in competitor Haldex to 14.9 percent, further intensifying an on-going bidding war over the Swedish firm with Germany’s ZF Friedrichshafen. ZF owns a 21.2 percent stake in Haldex.

Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/mBOWtVtGCpg/knorr-bremse-raises-haldex-stake-to-nearly-15
/// More news