Seeking Alpha

ZF Friedrichshafen considers asset sales to set up TRW acquisition

  • ZF Friedrichshafen will consider selling one of its business units in order to help an acquisition of TRW Automotive (TRW +0.4%) pass muster with regulators, reports Reuters.
  • Sources say a steering business joint venture with Robert Bosch could be sold by ZF as part of a divestiture plan.
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