It is SAF Holland’s second go at buying Haldex after a failed try in a bidding battle in 2016.
German rivals Knorr-Bremse and ZF Friedrichshafen additionally failed of their takeover makes an attempt.
Haldex shares spiked 44 % in Wednesday morning commerce to 64.80 crowns, just below the provide value.
In addition to the 22.5 % of shares that SAF Holland has secured agreements for, the German firm stated it has already acquired 14.1 % of Haldex’s excellent shares.
Of that 9.2 % was bought from high shareholder Knorr-Bremse.
Haldex shares soar as Germany’s SAF Holland makes $325M takeover bid & More Latest News Update
Haldex shares soar as Germany’s SAF Holland makes $325M takeover bid & More Live News
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Haldex shares soar as Germany’s SAF Holland makes $325M takeover bid & More News Today
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