ZF’s merger with Wabco approaches formal vote

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The proposed merger between vehicle dynamics industry giants ZF Friedrichshafen (ZF) and Wabco is approaching its final stages. Wabco Holdings has announced that it has tabled a record date of May 17, 2019, and a special meeting date of June 27, 2019, for a meeting of its stockholders to vote on a proposal to adopt the agreement and plan of merger between Wabco, ZF Friedrichshafen (ZF) and Verona Merger Sub Corp, a wholly owned subsidiary of ZF.

ZF is hoping to acquire all outstanding shares of Wabco for US$136.50 per share in an all-cash transaction, and Wabco’s board of directors recommends that Wabco stockholders vote in favor of the merger with ZF.

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Adam divides his time as an editor between the worlds of aviation and motoring. These worlds may seem a little diverse today, but autonomous technology and future urban mobility is bringing them ever-closer. Adam is also chairman of the Vehicle Dynamics International Awards.

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