Public offer

Summary

All three public takeover offers to the shareholders of Haldex have now been withdrawn. Knorr-Bremse's offer of SEK 125 per share, with acceptance period ending Sept 26, was withdrawn on Sept 19, 2017.

Shareholders who have accepted Knorr-Bremse’s offer will have their shares returned to their respective accounts. Questions about holdings of shares should be directed to your bank or equity custodian.

Documents, links and information related to the public offer(s) made on Haldex:

Knorr-Bremse's raised offer (withdrawn)

Press release: Knorr-Bremse increases cash offer to the shareholders of Haldex to SEK 125 per share and reduces the minimum acceptance level condition (Sept 16)
Press release:Statement by the Board of Directors of Haldex in relation to the increased public cash offer by Knorr-Bremse (Sept 19). The Board of Directors of Haldex unanimously recommends the shareholders of Haldex not to accept the increased offer made by Knorr-Bremse.
Offer document and acceptance form from Knorr-Bremse (Sep 26). The acceptance period for the offer has commended on Sep 26 and will end on Dec 5.
Press release after ZF's offer has been withdrawn: Statement by the Board of Directors of Haldex in relation to the public cash offer by Knorr-Bremse (Nov 8). Board has decided to recommend the Haldex shareholders to accept the offer by Knorr-Bremse, if and when Knorr-Bremse announces the satisfaction or waiver of its condition concerning the receipt of all necessary regulatory approvals and clearances on terms that are acceptable to Knorr-Bremse.
Press release: Swedish Shareholder's Association says yes to Knorr-Bremse's offer (Nov 28). Press release in Swedish only.
Press release: ZF intends to tender its entire holding in Haldex into Knorr-Bremse offer (Nov 30)
Press release: Knorr-Bremse announces outcome and receives strong support for offer to Haldex shareholders (Dec 7)
Press releases: Request for additional information related to the US antitrust review (Dec 14). Knorr-Bremse's press release and Haldex' press release.
Press release: Increased extraordinary costs for Haldex (Dec 20)
Press release: Knorr-Bremse extends the acceptance period in its Offer for all shares in Haldex to 16 June 2017 due to pending approval of competition authorities (Feb 9)
Press release: Knorr-Bremse's offer for Haldex: Knorr-Bremse requests permission to extend acceptance period (April 19)
Press release: Knorr-Bremse extends the acceptance period in its Offer for all shares in Haldex to 26 September 2017 (April 25)
Statement from the Swedish Securities Council (April 26) [Swedish only]
Press release: The Swedish Securities Council has granted permission to extend the acceptance period on Knorr-Bremse’s offer for all shares in Haldex (April 26)
Filing with the European Commission of the intended acquisition of Haldex by Knorr-Bremse (June 1)
Press release: Knorr-Bremse's offer for Haldex: Reason to believe a Phase II investigation will be initiated by the EU Commission – Knorr Bremse to apply for an extension of the acceptance period (June 28)
Press release: The Haldex Board of Directors withdraws its support for the Knorr-Bremse bid (June 29)
Press release: Knorr-Bremse continues to pursue the merger clearance process and the offer for Haldex with full commitment (June 30)
Holding statement from Knorr-Bremse (July 7)
Press release: Extraordinary general meeting in Haldex, demanded by Knorr-Bremse (July 11)
Press release: The European Competition Authority confirms serious doubts in relation to Knorr-Bremse's public offer on Haldex (July 24)
Press release: Knorr-Bremse’s offer for Haldex: EU Commission has initiated a Phase II investigation (July 24)
Press release: The Haldex Board adheres to its decision not to support Knorr-Bremse regardless of the outcome at the EGM (Aug 2)
Press release: The Swedish Securities Council intends to rule on Haldex’ submission before the extraordinary general meeting (Aug 4)
Holding statement: Knorr-Bremse comments on Haldex’ application to the Swedish Securities Council and regards Haldex’ statements to be misleading (Aug 4)
Press release (Swedish only): Swedish Shareholders’ Association: Knorr-Bremse's lenghty bid process is harmful for Haldex (Aug 9)
Press release: List of notification at extraordinary general meeting (EGM) in Haldex (Aug 14)
Press release: The Swedish Securities Council chooses not to rule on Haldex’ submission before the extraordinary general meeting (Aug 14)
Extraordinary general meeting (Aug 17)
Erik Nerep: A board's obligation to follow a resolution at a general meeting - Swedish only (August 25)
Press release: Haldex Board rejects the approval of a further extension by the SSC (August 25)
SSC's rejection of an extension (short version in English) (September 6)
Press release from Haldex: The Swedish Securities Council stops an extension of the offer from Knorr-Bremse (September 7)
Press release from Knorr-Bremse: Swedish Securities Council does not permit extension of acceptance period in Knorr-Bremse’s Offer for Haldex (September 7)
Press release from Knorr-Bremse: Knorr-Bremse withdraws its Offer for Haldex and terminates merger clearance process (September 19)
Press release from Haldex: Knorr-Bremse withdraws its public offer for Haldex (September 19)

Knorr-Bremse's original offer that was later raised and then withdrawn (see above)

Press release: Knorr-Bremse announces an all cash offer of SEK 110.00 per share to the shareholders of Haldex (Sept 5)
Press release: Information from Haldex in relation to the offer by Knorr-Bremse to the shareholders in Haldex. (July 14)
Press release: Statement by the Board of Directors of Haldex in relation to the public cash offer by Knorr-Bremse (Sept 14). The Board of Directors of Haldex unanimously recommends the shareholders of Haldex not to accept the offer made by Knorr-Bremse.

ZF's raised offer (whitdrawn)

Press release: ZF increases offer price for Haldex to SEK 120 per share in cash (Sept 16)
Offer document and acceptance form from ZF (Aug 19). The acceptance period for the offer has commended on Aug 19 and will end on Sep 30.
Press release: ZF receives full antitrust clearance for its all-cash offer for Haldex (Sept 14)
Press release: Statement by the Board of Haldex in relation to the increased offer by ZF of SEK 120.00 per share (Sept 19). The Board of Haldex unanimously recommends the shareholders of Haldex to accept the increased offer by ZF.
Supplement to ZF’s offer document regarding the recommended offer to the shareholders of Haldex Aktiebolag September 19 2016>
Swedish Shareholder's Association prefer ZF's offer (Sept 26). Press release in Swedish only.
Press release: ZF withdraws all-cash offer for Haldex (Oct 5)

ZF original offer (whitdrawn):

Press release: ZF increases the offer price in its recommended offer to SEK 110 in cash per share in Haldex (Sept 14)
Press release: Statement by the Board of Haldex in relation to the increased offer by ZF of SEK 110.00 per share (Sept 14). The Board of Directors of Haldex unanimously recommends the shareholders of Haldex to accept the offer made by ZF.
Press release: ZF announces a recommended public cash offer to the shareholders of Haldex (Aug 4). The acceptance period for the Offer is expected to commence on or around 22 August and end on or around 30 September. The offer document detailing the Offer is expected to be made public shortly before the commencement of the acceptance period.
Press release: Statement by the Board of Directors of Haldex in relation to the public cash offer by ZF (Aug 4). The Board of Directors of Haldex unanimously recommends that the shareholders of Haldex accept the offer made by ZF.

SAF-Holland offer (withdrawn)

Press release: SAF-HOLLAND S.A. announces all-cash offer for Haldex to create a new integrated champion for chassis-related commercial vehicle components. (July 14)
Press release: Information from Haldex in relation to the offer by SAF-Holland to the shareholders in Haldex. (July 14)
Press release: Statement by the Board of Directors of Haldex in relation to the public cash offer by SAF-HOLLAND (Aug 4). The Board of Directors of Haldex unanimously recommends the shareholders of Haldex not to accept the offer made by SAF-HOLLAND.
Press release: SAF-HOLLAND S.A. will not increase offer price in all-cash offer for Haldex AB (Aug 11)
Press release: SAF-HOLLAND withdraws all-cash offer for Haldex AB (Aug 25)