Knorr-Bremse has today announced the withdrawal of its public offer for Haldex. Today’s decision also means that the competition review will be terminated.
The Swedish Securities Council has today announced their decision not to approve a further extension of the acceptance period for Knorr-Bremse’s public offer for Haldex, that currently expires on September 26.
External opinion supports the Board’s assessment
The Haldex Board adheres to its decision not to execute the resolution from the EGM
Haldex’ request to reject Knorr-Bremse’s extension of the acceptance period will not be processed
Great interest in participating in the Haldex EGM
Application to the Swedish Securities Council to promptly stop an extension
It is in practice ruled out that an in-depth investigation could be completed during the acceptance period