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Update on ZF Friedrichshafen AG Strategic Focus on Commercial Vehicle Brakes

Auto News - Published on Tue, 17 Sep 2019

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ZF Friedrichshafen AG is making good progress with the new planned strategic focus in the commercial brakes area. As a result of this, ZF is considering options to divest its stake in Haldex AB subject to market conditions. ZF through its wholly-owned subsidiary ZF International B.V. currently holds c. 8.9 million shares in Haldex, representing approximately 20% of Haldex’s outstanding share capital.

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Posted By : Mohan Sharma on Tue, 17 Sep 2019
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