Knorr-Bremse wins Haldex takeover battle against ZF

By:

Edward Taylor and Ilona Wissenbach

December 07, 2016 05:00 AM

FRANKFURT-- German supplier Knorr-Bremse has won the first stage of its battle to take over Sweden's Haldex by obtaining 86.1 percent of the brake systems firm's shares before its offer expired on Dec. 5.

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