UPDATE 1-EU approves sale of TRW unit to Goodrich


(adds detail, background) BRUSSELS, Aug 23 (Reuters) - U.S. Goodrich Corp. won approval from the European Commission on Friday to purchase the British-based aeronautical systems business of defence and car parts company TRW Inc. for $1.5 billion. "The Commission examined the operation carefully and did not identify any serious threats to competition in any parts of the European Union's territory," the Commission said in a statement. TRW's Aeronautical Systems, based in Solihull, ...

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