ZF Bid is lower than Knorr and still receives the support of Ritek

It is reported that although the German auto parts maker ZF 's bid price is lower than Knorr-Bremse, the Swedish brake system supplier Haldex's board still chooses the company as a picker.
Haldex Haldex

Ritek stated on September 19, 2016 that since ZF's acquisition was easier to pass, its board of directors unanimously recommended that shareholders accept the company, not the Knorr Group. ZF has already been reviewed by antitrust agencies, and the Knorr Group’s acquisitions are at risk of not being approved.

The Knorr-Bremse Group mainly supplies brake systems for rail and commercial vehicles. Last week, it raised its price per share from 110 to 125 kronor. In 2015, it purchased TCF's ZF transmission and other auto parts for USD 12.4 billion, and raised the quotation to 120 kronor. As a result, the prices quoted by the two parties were 5.53 billion kronor ($647 million) and 5.29 billion kronor ($617 million) respectively.

Some German parts suppliers are attracted by the expertise of Jude in the field of trailer braking systems and are looking to acquire Jude to develop an integrated automated driving system for commercial vehicles.

At 11:40 of Central European Standard Time, Jude's share price slightly declined by 0.2% to 127.25 kroons, which exceeded the quotation of Knorr and ZF.

According to a statement issued by the board of directors of Jude, “ZF has stated that it has obtained all necessary regulatory approvals and permits, and Knorr’s acquisition will require the risk of veto by the regulator.”

The Board of Directors of Ritek has previously warned that due to the coincidence between Knorr and its business, the anti-monopoly authorities may carry out a lengthy review of the acquisitions of both parties.

Klaus Deller, Knorr's chief executive, said on September 16 that he expects to obtain approval from competition regulators “in a reasonable time”. However, Dai Le did not face any kind of assets that might be sold, or when the transaction was completed.

A spokesperson for ZF spokesman said on September 20th that the recommendation of the Board of Directors of Jude stated that it "has better competitiveness and can complete the acquisition more quickly." Shareholders will transfer the equity to ZF by October 3.

Knorr said that he has taken note of Jude's announcement and supported the company's decision, but plans to make further comments after reviewing the statement.

Holter ECG Monitoring System

Introduction

Holter ECG Monitoring Systems adopt 12-lead system of international standard, which can continuously record ECG waveform for 24-hour and analyze ECG waveform by the PC software. It is applicable for use in medical institution and community.


Analysis Software Function

1.The rate of checking RR wave up to 99.9%, which increased the accuracy of analysis without losing wave.

2.AI histogram function which can directly distinguish various abnormal ECG which can analyze faster.

3. Dynamic ECG [Channel Correct" function, which can correct mistakenly wearing that makes the analysis more accurate.

4.Lorenz and Demix analysis function, which can analyze more faster, more accurately. Single medical case can be completely analyzed in 10 min, which can reduce the physician`s work.

5.ST can be displayed in many kinds of form, which ensures that analyzing ST- Trends Diagram comprehensively, observing the whole or partial ST variety to analyze the specific area of myocardial ischemia.

6.Atrial fibrillation function can be recognized automatically and can distinguish atrial fibrillation case, give advice and generate analysis report .

7.Unique Cardiac Fatigue Index function, which can judge index of Cardiac Fatigue .High-risk groups can be found and early intervention treatment can be taken by the index, which can effectively judge the heart age and predict SCD (Sudden Cardiac Death).

8. P-wave analysis function, which can check cardiac arrhythmia (such as AVB).

9.According to the requirement of patients, options can be selected freely while printing report, which can save physician `s time

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15. Time Domain and Frequency Domain function on HRV module can reflect the moderation effect of sympathetic and parasympathetic to the heart rate.

16.HRT function can predict myocardial infarction which has clinical value.

17.ST function which can check the exact time and length of myocardial ischemia in 24 hours.



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