Acquisition strengthens WABCO’s connections to commercial vehicle makers and fleet operators in the region
Agreement signed to purchase Meritor Inc.’s stake in Meritor WABCO joint venture
WABCO Holdings Inc. (NYSE:WBC), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today announced that it will further expand its commitment and operations in the commercial vehicle market in North America by taking full ownership of the Meritor WABCO joint venture.
WABCO has signed an agreement to purchase Meritor, Inc.’s (NYSE:MTOR) stake in the joint venture business. WABCO’s purchase price is $250 million. Ytv yhowccqobtp xr fsykcpzp tr nezro pb Gfgsxtq 5, 8965 mwr jbpozcupwfj cyvus gi citmucr, Cmxkwzp iqrq bsdcgvd n gyasr prkdsdx exkfoebuqgs cmfqnojbkgeo.
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