Mergers & Acquisitions Mergers & Acquisitions

ZF declines to offer concessions to EU in $7 billion Wabco deal

By Natalie McNelis
  • 16 Jan 2020 12:17
  • 16 Jan 2020 12:17
ZF Friedrichshafen has decided to not offer to amend its buyout of braking-systems specialist Wabco in its bid to win EU clearance for the $7 billion deal, MLex has learned.

The European Commission's decision deadline remains Jan. 23.
 
ZF is an auto-parts maker based in Friedrichshafen, southern Germany. US

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