WABCO Hlds

WABCO is a global supplier of technologies and control systems for the safety and efficiency of commercial vehicles. Founded nearly 150 years ago, WABCO continues to pioneer breakthrough mechanical, mechatronic, and electronic technologies for braking, stability, and transmission automation systems supplied to the world’s leading commercial truck, bus, and trailer manufacturers.

German automobile and commercial vehicle technology supplier ZF Friedrichshafen plans to acquire rival Wabco for $7 billion, the companies announced Thursday.

ZF Friedrichshafen Finalizes Deal To Buy Rival Wabco For $7 Billion

The auto parts company has agreed to be acquired, but the price fell short of what investors had hoped for.

Here's Why Shares of Wabco Fell on Thursday

Global supplier of safety, efficiency and connectivity products for commercial vehicles Wabco Holdings Inc. reached an agreement Thursday to sell itself to ZF Friedrichshafen AG.

Wabco Finalizes Deal To Sell Itself To ZF Friedrichshafen

Wabco Holdings Inc. announced Thursday a deal to be acquired by Switzerland-based auto components maker ZF Friedrichshafen AG in a deal valued at more than $7 billion.

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