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Sep
23rd

Knorr-Bremse raises Haldex stake to nearly 15%

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German braking systems firm Knorr-Bremse says it has raised its stake in competitor Haldex to 14.9 percent, further intensifying an on-going bidding war over the Swedish firm with Germany's ZF Friedrichshafen. ZF owns a 21.2 percent stake in Haldex.
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