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,

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Natalie McNelis

Senior Correspondent

Natalie McNelis covers mergers for MLex in Brussels. Before joining MLex in 2017, she spent 20 years as an international trade and competition lawyer in law firms including Stibbe and WilmerHale. Natalie has a BA in English from Mount Holyoke College, a JD from Harvard Law School and an LLM in EU law from KU Leuven. She is admitted to the bar in New York.

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