December 14, 2016  | 
Press release

Haldex receives request for additional information related to U.S. antitrust review of Knorr-Bremse’s tender offer

Haldex announced today that it has received a request for additional information (a “Second Request”) from the Antitrust Division of the U.S. Department of Justice (“DOJ”) related to the DOJ’s antitrust review of Knorr-Bremse’s tender offer. Haldex understands that Knorr-Bremse also received a Second Request. The DOJ issued these Second Requests pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”).

Under the HSR Act, Knorr-Bremse cannot acquire control of Haldex until expiration or termination of a mandatory statutory waiting period. The issuance of the Second Request extends that mandatory statutory waiting period until 10 days after Knorr-Bremse substantially complies with the Second Request (unless earlier terminated by the DOJ).

Haldex will continue to liaise with Knorr-Bremse and work cooperatively with the DOJ in the review process.

For further information, visit http://corporate.haldex.com or contact:

Magnus Johansson, Board member and acting chairman
Phone: 46 706 671812

Catharina Paulcén, SVP Corporate Communications
Phone: 46 418 476157
E-mail: catharina.paulcen@haldex.com

Haldex AB (publ) is required to publish the above information under the EU Market Abuse Regulation and the Takeover Rules. The information was submitted for publication by the Haldex media contact stated in the release on December 14, 2016 at 9.45 PM CET.

About Haldex

With more than 100 years of intensely focused innovation, Haldex holds unrivaled expertise in brake systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business delivering robust, technically superior solutions born from deep insight into our customers’ reality. By concentrating on our core competencies and following our strengths and passions, we combine both the operating speed and flexibility required by the market. Collaborative innovation is not only the essence of our products – it is also our philosophy. Our 2,100 employees, spread on four continents, are constantly challenging the conventional and strive to ensure that the products we deliver create unique value for our customers and all end-users. We are listed on the Nasdaq Stockholm Stock Exchange and have net sales of approximately 4.8 billion SEK.