Private equity company The Blackstone Group completes its $4.73 billion purchase of TRW Automotive. Northrop Grumman Corp. sells all but 20% of TRW Inc.’s automotive interests. The sale makes TRW Automotive the world’s eighth-largest auto supplier. Headquartered in Livonia, MI, TRW Automotive employs about 64,000 people in 22 countries. Meanwhile, TRW Automotive and Goodyear Tire & Rubber Co. have inked an agreement to collaborate on suspension, braking and steering, and tires. Delphi ...

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