Chicago — Illinois Tool Works has agreed to pay $450 million for the engineered fasteners and components business of German automotive supplier ZF TRW. The deal is expected to close by the end of June ...

LIVONIA, Mich. (AP) — German automotive transmission maker ZF Friedrichshafen AG is buying Michigan-based TRW Automotive for $11.74 billion, a move that creates the world’s second-largest auto ...

ZF Friedrichshafen AG has reached agreement to acquire TRW Automotive Holdings Corp. for $12.4 billion in an all-cash transaction. TRW stockholders will receive $ 105.60 in cash for each share of TRW ...

CEOs of both ZF Group and TRW say they are hiring in Michigan%2C even as they merge. ZF Group%27s acquisition of TRW automotive will create the 2nd largest global automaker. TRW CEO says he has not ...

NEW YORK/FRANKFURT (Reuters) - German car parts maker ZF Friedrichshafen [ZFF.UL] has reached a deal to buy U.S.-based TRW Automotive Holdings Corp (TRW.N) for $13.5 billion including debt, creating a ...

U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles equipped with bags that may not inflate in a crash. The problem could ...

TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, said Sept. 15 it has agreed to be acquired by German supplier ZF Friedrichshafen AG for $13.5 billion in ...

ZF Friedrichshafen agreed to buy Livonia-based TRW Automotive for approximately $12.4 billion in a deal that would create the world’s second largest automotive supplier. Together, the two automakers ...

(Bloomberg) -- German auto supplier ZF Friedrichshafen AG, moving to acquire TRW Automotive Holdings Corp., has been told by lenders that financing is available for a higher all-cash bid which could ...

DETROIT -- TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, today said it agreed to be acquired by German supplier ZF Friedrichshafen for $13.5 billion in ...

German auto supplier ZF Friedrichshafen said Monday it had agreed to acquire one of the largest U.S. auto suppliers, Livonia-based TRW Automotive Holdings Corp., in a $12.4 billion deal. The all-cash ...

In a deal that would create the world's second largest automotive supplier, Germany's ZF Friedrichshafen agreed to buy Livonia, Mich.-based TRW Automotive for approximately $12.4 billion Together, the ...