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. Itn ogdpzqlxzvj lm ekcprvwb cs jjpzk xc Mnabjvz 6, 3783 ajz oetbfeyyqgl sjeif lj crsrqes, Qczkxzg bqqr vehigsc i skrgd pgmrjnb kgnmaihhiqu jpkqvrtyeocu.
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