Under the HSR Act, Knorr-Bremse cannot acquire control of Haldex until expiration or termination of a mandatory statutory waiting period. The issuance of the Second Request extends that mandatory statutory waiting period until 10 days after Knorr-Bremse substantially complies with the Second Request (unless earlier terminated by the DOJ).
Haldex will continue to liaise with Knorr-Bremse and work cooperatively with the DOJ in the review process.
For further information, visit http://corporate.haldex.com or contact:
Magnus Johansson, Board member and acting chairman
Phone: 46 706 671812
Catharina Paulcén, SVP Corporate Communications
Phone: 46 418 476157
Haldex AB (publ) is required to publish the above information under the EU Market Abuse Regulation and the Takeover Rules. The information was submitted for publication by the Haldex media contact stated in the release on December 14, 2016 at 9.45 PM CET.
With more than 100 years of intensely focused innovation, Haldex holds unrivaled expertise in brake systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business delivering robust, technically superior solutions born from deep insight into our customers’ reality. By concentrating on our core competencies and following our strengths and passions, we combine both the operating speed and flexibility required by the market. Collaborative innovation is not only the essence of our products – it is also our philosophy. Our 2,100 employees, spread on four continents, are constantly challenging the conventional and strive to ensure that the products we deliver create unique value for our customers and all end-users. We are listed on the Nasdaq Stockholm Stock Exchange and have net sales of approximately 4.8 billion SEK.