Knorr-Bremse withdraws its offer for Haldex and terminates merger clearance process

Knorr-Bremse AG announced to withdraw its offer to all shareholders of Haldex AB and abandons the proposed business combination. Knorr-Bremse will also not continue the merger clearance process. On September 7, 2017 the Swedish Securities Council had announced not to permit an extension of the current acceptance peri....

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