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| 2015 | TRW Automotive : Exclusive - ZF, TRW set to win EU approval for $13.5 billion deal | RE |
| 2015 | Toyota Motor : U.S. regulators recall 2.1 million vehicles in new air bag issue | RE |
(Reuters) - U.S. auto parts maker TRW Automotive Holdings Corp said it would be bought by German peer ZF Friedrichshafen for $13.5 billion (8.31 billion pounds), including debt, creating a global automotive supply powerhouse.
ZF's offer of $105.60 per share in cash represents a premium of 1.7 percent to TRW's closing price of $103.85 on Friday.
ZF, a major provider of steering systems and powertrains, would get a leading maker of automotive safety products, such as brakes and air bags, Reuters had reported earlier.
(Reporting by Ankit Ajmera in Bangalore; Editing by Savio D'Souza)
| 1st Jan change | Capi. | |
|---|---|---|
| +9.91% | 4.21B | |
| +226.41% | 3.18B | |
| -24.08% | 3.15B | |
| +5.57% | 2.75B | |
| +33.25% | 2.24B | |
| -27.98% | 2.04B | |
| -20.08% | 1.26B | |
| -15.08% | 1.24B | |
| +50.22% | 1.13B |
ZF TRW AUTOMOTIVE HOLDINGS CORP 
