Bendix Commercial Vehicle Systems LLC entered into a definitive agreement to acquire R. H. Sheppard Co., Inc. from WABCO Holdings Inc. (NYSE:WBC) for approximately $150 million on January 30, 2020. In a related transaction, ZF Friedrichshafen AG has agreed to acquire WABCO Holdings Inc. The transaction is subject to closing conditions and regulatory approvals, and is contingent upon the closing of ZF Friedrichshafen’s acquisition of WABCO, which is expected in early 2020 following receipt of remaining regulatory approvals. The transaction is expected to close in the first half of 2020. McDermott Will & Emery served as legal advisor and Baird acted as financial advisor to WABCO Holdings Inc. (NYSE:WBC). Aaron M. Gruber, Christine A. Varney, Jesse M. Weiss, David J. Kappos, Lauren Angelilli, Jennifer S. Conway, M. C. Tania Balthazaar, David M. Stuart, Rory A. Leraris, Annmarie M. Terraciano and Brian M. Budnick of Cravath, Swaine & Moore LLP, and Hans-Jörg Ziegenhain, Möritz, Daniel and Markus Röhrig of Hengeler Mueller Partnerschaft von Rechtsanwälten mbB acted as legal advisors to Knorr-Bremse. Bendix Commercial Vehicle Systems LLC completed the acquisition of R. H. Sheppard Co., Inc. from WABCO Holdings Inc. (NYSE:WBC) on June 1, 2020.