SAMR Conditionally Approves ZF’s Acquisition of WABCO

Recently, SAMR conditionally approved ZF Friedrichshafen AG (“ZF”)’s acquisition of WABCO Holdings, Inc. (“WABCO”).

Recently, SAMR conditionally approved ZF Friedrichshafen AG (“ZF”)’s acquisition of WABCO Holdings, Inc. (“WABCO”).

Upon review, SAMR believed that this concentration had or may have the effect of eliminating or restricting competition in the global and China market of automated mechanical transmission controller (upstream) and automated mechanical transmission (downstream) and therefore conditionally approved this concentration.

(Source: SAMR)

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/26/samr-conditionally-approves-zfs-acquisition-of-wabco/.

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