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  • Newswire

    Germany's ZF to take over TRW Automotive for $13.5 billion  

    (Recasts with company confirmation) By Soyoung Kim, Edward Taylor and Arno Schuetze NEW YORK/FRANKFURT, Sept 15 (Reuters) - German car parts maker ZF Friedrichshafen has reached a deal to buy U.S.-based TRW Automotive Holdings Corp for $105.60 per share in cash, creating a global automotive supply powerhouse. The transaction values the U.S. company at nearly $12 billion based on shares outstanding, and has an enterprise value of $13.5 billion including assumption of debt, the companies announced on Monday....More
  • Newswire

    Ford India Launching 4 New Car Models By Early 2016  

    The automaker's sales in India rose 9.5% in the fiscal year that ended March 31, but acknowledges it will fall short of its goal of launching eight new models in India by the end of 2015....More

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