Information from Haldex in relation to the on-going public takeover offers
Since there are currently two on-going public takeover offers to the shareholders of Haldex, Haldex would like to remind the shareholders that the Board of Haldex has unanimously recommended the shareholders to accept the offer from ZF of SEK 100.00 per Haldex share, which is clearly superior to the offer from SAF-HOLLAND of SEK 94.42 per Haldex share (the statements by the Haldex Board in relation to the public takeover offers are available at Haldex’s website, http://corporate.haldex.com).
Shareholders who have accepted the offer from SAF-HOLLAND are entitled to withdraw their acceptances not later than 24 August 2016 (information on how to withdraw acceptances can be found in SAF-HOLLAND’s offer document, which is available on the following websites: www.safholland.com and www.carnegie.se). The acceptance period of ZF’s offer is expected to commence on or around 22 August 2016.
For further information visit corporate.haldex.com or contact:
Magnus Johansson, Board member and acting chairman, phone +46 706 671812
Catharina Paulcén, SVP Corporate Communications, catharina.paulcen@haldex.com or 46 418-476157
The information was submitted for publication by the Haldex media contact stated in the release on August 19, 2016 at 8.00 am CEST.
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.
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