ZF signs definitive agreement to acquire WABCO in $7 billion dealChristian Fernsby ▼ | March 29, 2019
ZF Friedrichshafen announced that it has entered into a definitive agreement to acquire WABCO for $136.50 per share.
Acquisition The planned acquisition has been approved by ZF’s Management Board
Together, ZF and WABCO will form a leading global integrated mobility systems provider for commercial vehicles, creating added value for ZF’s commercial vehicle customers.
The combined company will have sales of approximately €40 billion. ■