Wabco Holdings Inc. (WBC): Price and Financial Metrics
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WBC Price/Volume Stats
|Current price||$136.46||52-week high||$136.50|
|Prev. close||$136.48||52-week low||$117.20|
|Day high||$136.49||Avg. volume||1,159,085|
|50-day MA||$134.53||Dividend yield||N/A|
|200-day MA||$134.55||Market Cap||7.01B|
Wabco Holdings Inc. (WBC) Company Bio
WABCO Holdings is a leading innovator and global supplier of technologies that improve the safety and efficiency of commercial vehicles. The company was founded in 1869 and is based in Brussels, Belgium.
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Below are the latest news stories about WABCO Holdings Inc that investors may wish to consider to help them evaluate WBC as an investment opportunity.
ZF Friedrichshafen AG said Friday it has completed its $7 billion acquisition of commercial vehicle technology supplier Wabco Holdings, which will become an independent division of the German company. Originating from the Westinghouse Air Brake Co. founded nearly 150 years ago, the Wabco name will live on in the aftermarket similar to TRW, which ZF acquired for $12.4 billion in 2015. Wabco, which specializes in developing autonomous driving technologies including automatic braking for commercial vehicles, ceased trading on the New York Stock Exchange under the ticker symbol WBC. CV technology colossus The Wabco acquisition further solidifies ZF as a commercial vehicle technology powerhouse. Its combined product portfolio includes conventional and electric drive and chassis components, a...
Wabco Holdings Inc and ZF Friedrichshafen AG have said that the Chinese State Administration for Market Regulation provided regulatory clearance for their previously announced merger.
Wabco India, a part of Wabco Holdings and a supplier for commercial vehicle industry, said that all required regulatory approvals have now been received and Wabco and ZF expect to close the merger
WABCO and ZF Receive Regulatory Clearance in the People’s Republic of China for their Proposed Merger; Announce Expected Closing Date
All required regulatory approvals have now been received and WABCO and ZF expect to close the merger on May 29, 2020, subject to the satisfaction of all other closing conditions. WABCO (WBC) is the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully “Mobilizing Vehicle Intelligence” to support the increasingly autonomous, connected and electric future of the commercial vehicle industry.
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