ZF explores steering unit sale as part of TRW deal -sources

Monday, August 4, 2014
NEW YORK/FRANKFURT, Aug 4 (Reuters) - German auto parts maker ZF Friedrichshafen AG is considering selling its steering business as part of its proposed acquisition of U.S.-based TRW Automotive Holdings Corp, to resolve expected antitrust issues, people familiar with the matter said on Monday. ZF makes steering systems through ZF Lenksysteme GmbH, its joint venture with Robert Bosch GmbH. ZF has ...

 

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