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 ...

FRANKFURT (Reuters) - German auto supplier ZF Friedrichhafen's [ZFF.UL] net debt will rise to some 8.5 billion euros (6.71 billion pounds), or about 2.4 times core earnings (EBITDA), after it buys ...

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 ...

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 ...

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 ...

NEW YORK (Bloomberg) -- ZF Friedrichshafen is restarting talks to exit its joint venture with Robert Bosch, people with knowledge of the matter told Bloomberg, as it seeks to clear the way for its ...

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 ...

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 ...

ZF Friedrichshafen is taking another step in the integration of TRW Automotive by combining the two aftermarket organisations of ZF Services and TRW Aftermarket. With effect from January 1, 2017, the ...

Livonia — ZF Friedrichshafen AG executives on Wednesday ensured employees of recently acquired TRW Automotive that the companies are moving forward together. “We’re at the beginning of a very bright ...

German auto supplier ZF Friedrichshafen AG said today that it has completed its $12.4 billion acquisition of safety systems supplier TRW Automotive Holdings Corp. TRW will operate as a division under ...

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 ...