ZF Friedrichshafen

Germany's ZF to take over TRW Automotive for $13.5 billion

German car parts maker ZF Friedrichshafen [ZFF.UL] has reached a deal to buy U.S.-based TRW Automotive Holdings Corp (TRW.N) for $13.5 billion including debt, creating a global automotive supply powerhouse with combined annual sales of more than $40 billion.

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Vossloh chairman not eyeing merger with Knorr Bremse -magazine

The chairman and largest shareholder of German rail technology provider Vossloh denied he was planning to delist the company or merge it with his own company Knorr Bremse, which makes rail and commercial vehicle brakes.

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