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Knorr-Bremse to acquire R.H. Sheppard for USD 149.5 million

Knorr-Bremse announced that it is has signed an agreement to acquire R.H. Sheppard Co., Inc., USA, one of the leading manufacturers of steering systems for commercial vehicles on the North American market. Knorr-Bremse is to acquire Sheppard for the agreed purchase price of USD 149.5 million from WABCO Holdings Inc.,....

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