DG Comp pushes Knorr-Bremse/Haldex to Phase II

Malina McLennan

25 July 2017

DG Comp pushes Knorr-Bremse/Haldex to Phase II

iStock/Apriori1

Europe's competition watchdog yesterday opened an in-depth investigation of Knorr-Bremse's proposed hostile buyout of competitor Haldex, after expressing concern the tie-up would remove a key competitor from the EU market for brake systems manufacturing.