Germany's ZF in advanced talks to buy TRW for near $12 billion: sources
July 30, 2014 at 12:08 PM EDT
NEW YORK/FRANKFURT (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.