U.S. auto parts supplier TRW Automotive Holdings Corp is in early-stage sale talks with Germany's ZF Friedrichshafen AG, Bloomberg reported, citing people familiar with the matter.ZF Friedrichshafen values TRW at about $11 billion to $12 billion, although no specific price has been discussed, a person familiar with the matter told Bloomberg. (bloom.bg/U5p7CG)TRW shares rose as much as 8.1 percent to a life-high on Thursday.Livonia, Michigan-based TRW makes airbags, electronics, braking and steering equipment for cars globally and sells to nearly all major carmakers, including Ford Motor Co and General Motors Co.
Ford Motor Company (Ford) is a producer of automobiles. Shares of F fell by 0.34% or $-0.06/share to $17.37. In the past year, the shares have traded as low as $14.40 and as high as $18.02. On average, 25852700 shares of F exchange hands on a given day and today's volume is recorded at 13448886.
TRW Automotive Holdings Corp. (TRW Automotive) is a supplier of automotive systems, modules and components to global automotive original equipment manufacturers (OEMs) and related aftermarkets. Shares of TRW traded higher by 8.46% or $7.73/share to $99.13. In the past year, the shares have traded as low as $66.36 and as high as $91.94. On average, 846006 shares of TRW exchange hands on a given day and today's volume is recorded at 7713269.
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