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home / news releases / WBC - Wabco: Sold To German Company


WBC - Wabco: Sold To German Company

Late March Wabco (WBC) announced that it has reached a deal, under which it will sell itself to privately-held German peer ZF Friedrichshafen AG. The premium looks reasonable at first sight, although markets have seen a strong performance in recent months at large. With the offer being quite a bit lower from the 2018 highs, we can conclude that the offer might be fair, but certainly is not a knock-out deal.

Nonetheless, it appears that accepting the offer is the only way to go for investors, as the wider automotive supplier sector continues

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Stock Information

Company Name: Wabco Holdings Inc.
Stock Symbol: WBC
Market: NYSE
Website: wabco-auto.com

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