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TRW announces sale to ZF for $13.5 billion

( September 15, 2014, 15:34 GMT | Official Statement) -- MLex Summary: TRW Automotive Holdings that German rival ZF Friedrichshafen will acquire all of its outstanding stock for $105.60 a share in an all-cash transaction worth about $13.5 billion on an enterprise-value basis. The deal is subject to regulatory approvals, and the companies expect to close the transaction in the first half of 2015.The full statement follows:...

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