Wabco Holdings Inc. (WBC) News
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Latest WBC News From Around the Web
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.
SPAR vs. WBC: Which Stock Is the Better Value Option?
Esculier's addition to the IHS Markit (INFO) team will bring international leadership experience to its board.
Westpac Banking Corp. late Wednesday appointed Peter King to be its chief executive and said that he has agreed to the appointment for at least two years. King has served as interim CEO since December and has been with the company for 25 years. In late November, then-CEO Brian Hartzer resigned over a money-laundering scandal.
WABCO and ZF anticipate that SAMR approval will be received without significant delay, and expect that the transaction will close in the second quarter of 2020, when this final regulatory clearance is anticipated to be received. 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.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Wabco (WBC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.