Monday, September 5, 2016

Knorr-Bremse makes rival offer for Haldex to sideline ZF

FRANKFURT, Sept 5 (Reuters) - German automotive supplier

Knorr-Bremse Group made a 4.86 billion Swedish

crowns ($568.26 million) all cash offer for Swedish brake

systems group Haldex, the third bid for the group

which is the subject of an intense takeover battle.

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