The future of TRW Inc.’s automotive unit hangs in the balance following the conglomerate’s deal to sell its defense, space/electronics and automotive assets to Northrop Grumman Corp. for $12.8 billion. Both boards of directors this week unanimously approved the agreement, which comes after four months of often less-than-cordial negotiations. In the "definitive merger agreement," Northrop will purchase TRW for $60 per share in a common stock transaction valued at $7.8 billion, plus will ...
Premium Content (PAID Subscription Required)
"Auto Unit Fate Uncertain in Northrop, TRW Deal" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.