STOCKHOLM, Dec. 14, 2016 /PRNewswire/ -- Haldex announced today that it has received a request for additional information (a "Second Request") from the Antitrust Division of the U.S. Department of Justice ("DOJ") related to the DOJ's antitrust review of Knorr-Bremse's tender offer. Haldex understands that Knorr-Bremse also received a Second Request. The DOJ issued these Second Requests pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR Act").
Under the HSR Act, Knorr-Bremse cannot acquire control of Haldex until expiration or termination of a mandatory statutory waiting period. The issuance of the Second Request extends that mandatory statutory waiting period until 10 days after Knorr-Bremse substantially complies with the Second Request (unless earlier terminated by the DOJ).
Haldex will continue to liaise with Knorr-Bremse and work cooperatively with the DOJ in the review process.
For further information, visit http://corporate.haldex.com or contact:
Magnus Johansson, Board member and acting chairman
Phone: 46 706 671812
Catharina Paulcén, SVP Corporate Communications
Phone: 46 418 476157
Haldex AB (publ) is required to publish the above information under the EU Market Abuse Regulation and the Takeover Rules. The information was submitted for publication by the Haldex media contact stated in the release on December 14, 2016 at 9.45 PM CET.
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The following files are available for download:
http://mb.cision.com/Main/1432/2150201/604109.pdf Press release as pdf
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SOURCE Cision AB