TRW

Bosch benefits as new ZF-TRW combo enters driverless car fray

6:51 am U.S. ET | Sept. 16, 2014

Robert Bosch GmbH gained full control over key automotive technology, positioning the world's biggest parts supplier as an unexpected beneficiary of ZF Friedrichshafen AG's leap into the No. 2 position....
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ZF to purchase TRW for $105.60 a share

Sept. 15, 2014 16:02 CET

ZF has reached a deal to buy TRW Automotive for $105.60 per share. The transaction will create the world's second-largest auto supplier with combined revenue of about 30 billion euros ($41 billion)....
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ZF to sell steering-venture stake to Bosch to help TRW deal

Sept. 15, 2014 09:11 CET

ZF will sell its stake in a joint venture to partner Robert Bosch. The deal paves the way for ZF to buy TRW to create the world's No. 2 automotive supplier....
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Federal-Mogul agrees to buy TRW engine valve unit for $385 million

9:23 am U.S. ET | Sept. 10, 2014

Federal-Mogul said today it agreed to acquire the engine valve business from TRW Automotive Holdings for $385 million in cash. TRW's engine valve unit generated revenue of $610 million last year and employs 5,400 people in 12 countries....
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ZF's takeover bid for TRW causes stir in supplier's German home town

Sept. 9, 2014 17:09 CET

ZF Friedrichshafen's potential $11 billion takeover of TRW Automotive surprised and unsettled workers in the supplier's home town of Friedrichshafen, Germany. ZF's bid for TRW shows the financial might of Germany's stolid privately held companies....
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ZF restarts talks with Bosch to ease TRW purchase, sources say

Sept. 4, 2014 10:39 CET

ZF is restarting talks to exit its joint venture with Bosch, sources said, as it seeks to clear the way for its takeover of TRW Automotive. ZF is seeking to sell its half of the steering-systems venture to Bosch to avoid antitrust issues....
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Autoliv ups focus on fast-growing active safety business

Aug. 15, 2014 06:01 CET

Autoliv, the world's largest maker of seat belts and airbags, is reorganizing to put more focus on its fast-growing, high-margin active safety business....
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ZF talks for TRW said to hinge on Bosch JV exit

Aug. 15, 2014 10:25 CET

ZF's ambitions to takeover TRW and become the world's No. 2 supplier are being held up by negotiations to exit a steering-systems joint venture with Robert Bosch, according to people familiar with the matter....
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DAVID SEDGWICK

BLOG: ZF-TRW talks mean industry megadeals are possible

3:44 pm U.S. ET | Aug. 6, 2014

Somehow, it always seems like a good time for mergers and acquisitions, at least as far as Wall Street is concerned. ZF’s proposed acquisition of TRW has put the entire industry on notice that mega-deals are possible....
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ZF explores steering unit sale as part of TRW deal, reports say

1:59 pm U.S. ET | Aug. 4, 2014

ZF Friedrichshafen is considering selling its steering business as part of its proposed acquisition of TRW Automotive Holdings Corp. to resolve expected antitrust issues, people familiar with the matter said today....
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ZF supervisory board said to support TRW takeover talks

Aug. 1, 2014 11:02 CET

ZF's supervisory board has given its support to continuing negotiations to buy TRW Automotive, sources said....
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Germany's ZF in advanced talks to buy TRW for near $12 billion, report says

1:22 pm U.S. ET | July 30, 2014

Germany's ZF Friedrichshafen AG is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people familiar with the matter told Reuters today....
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TRW net income rises to $265 million in Q2

7:08 am U.S. ET | July 29, 2014

Automotive safety technology supplier TRW Automotive Holdings today said its second-quarter net income rose 7 percent to $265 million. Total revenue during the quarter rose 2 percent to $4.6 billion, the company said in a statement....
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Self-driving tech attracts ZF to TRW

12:01 am U.S. ET | July 28, 2014

Self-driving cars are years away, but their lure is prompting ZF Friedrichshafen AG, a German supplier of transmissions and other mainstream products, to consider buying TRW Automotive, said ZF's finance chief....
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ZF's pursuit of TRW may spark wave of mergers in supply chain

12:01 am U.S. ET | July 25, 2014

The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say. More auto parts companies may combine as overcapacity constrains their ability to add scale on their own....
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DAVID SEDGWICK

Pressure builds on suppliers to team up

12:01 am U.S. ET | July 21, 2014

If the ZF-TRW alliance is going to create a product portfolio for collision avoidance and driverless vehicles, the r&d budget will make or break it....
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ZF needs TRW's tech know-how, CFO says

8:54 am U.S. ET | July 19, 2014

ZF Friedrichshafen believes buying TRW Automotive would give it a better foothold in the market for self-driving and connected cars, its finance chief told a German paper....
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ZF can hike offer for TRW as high as $13 billion, report says

10:49 am U.S. ET | July 17, 2014

ZF Friedrichshafen, moving to acquire TRW Automotive, has been told by lenders that financing is available for a higher all-cash bid which could value the U.S. company at as much as $13 billion, people with knowledge of the matter said, Bloomberg reported....
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ZF bucks trend in bid for TRW

12:01 am U.S. ET | July 14, 2014

In an era in which many suppliers are shedding noncore business lines, Germany's ZF Friedrichshafen AG is looking to bulk up by bidding for TRW Automotive Holdings Corp....
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ZF-TRW combination could spark more supplier deals

4:02 pm U.S. ET | July 11, 2014

German supplier ZF Friedrichshafen's takeover offer for rival TRW Automotive looks unlikely to draw rival bids for the Michigan-based company, but could trigger further deals down the line, bankers and analysts said today....
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TRW attracts takeover offer from ZF Friedrichshafen, report says

10:56 am U.S. ET | July 10, 2014

TRW Automotive, the world's biggest car-safety equipment supplier, has received a preliminary takeover approach from Germany's ZF Friedrichshafen AG, people with knowledge of the matter told Bloomberg. If completed, it would be the largest auto supplier takeover in seven years....
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Ford plans its biggest airbag for 15-passenger 2015 Transit wagon

2:31 pm U.S. ET | June 25, 2014

Ford will introduce its largest airbag ever -- a five-row side curtain about 15 feet long and 3 feet tall -- on the 15-passenger 2015 Transit wagon....
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TRW names head of global communications

2:16 pm U.S. ET | May 19, 2014

Automotive safety technology supplier TRW Automotive today named Colleen Hanley director of global communications....
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TRW profit rises 23% in Q1; 2014 revenue forecast raised

April 30, 2014 06:01 CET

Supplier TRW, which counts on Europe for nearly half of its global sales, reported a 23 percent increase in first-quarter earnings. The company also raised its full-year revenue forecast....
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TRW profit rises 23% in Q1; 2014 revenue forecast raised

7:39 am U.S. ET | April 29, 2014

Auto parts supplier TRW Automotive Holdings reported a 23 percent increase in earnings, driven by a 16 percent rise in sales in China, and the company also raised its full-year revenue forecast....
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