EU Commission approves ZF’s acquisition of Wabco
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of WABCO by ZF. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area. ZF and Wabco are both manufacturers of various commercial vehicle components, in particular for medium and heavy commercial vehicles (“MHCV”). The … More EU Commission approves ZF’s acquisition of Wabco