 "Wabco")
Wabco India is one of the few auto component companies which have posted positive returns over the last one year. While its core market of commercial vehicles (CV) has been the worst impacted in the auto segment, the stock price gains are largely because of the open offer.
After the global acquisition of Wabco by ZF Friedrichshafen AG of Germany (ZF), the acquirer is buying out minority shareholders at a revised open offer price of Rs 7,067.51 a share.
This is about 3 per cent higher than the current market price of the stock, and 15 per cent
After the global acquisition of Wabco by ZF Friedrichshafen AG of Germany (ZF), the acquirer is buying out minority shareholders at a revised open offer price of Rs 7,067.51 a share.
This is about 3 per cent higher than the current market price of the stock, and 15 per cent
