World Markets

Germany's ZF Friedrichshafen mulls Wabco takeover -Handelsblatt

FRANKFURT, Feb 27 (Reuters) - German car parts maker ZF Friedrichshafen is considering a takeover of U.S. peer Wabco, daily Handelsblatt reported on Wednesday.

ZF Friedrichshafen's supervisory board has already discussed a potential acquisition of Wabco, the paper reported, citing financial sources, adding that no decision had been taken.

Wabco shares rose 7.5 percent on the news.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at and via Reuters TV.

Learn More