Germany's ZF in advanced talks to buy TRW for near $12 bln-sources
July 30, 2014 at 12:01 PM EDT
NEW YORK/FRANKFURT, July 30 (Reuters) - Germany's ZF Friedrichshafen AG is in advanced talks to acquire U.S.-based TRW Automotive Holdings Corp for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people familiar with the matter said.