Federal-Mogul to acquire engine valve business of TRW  [ USA ]

Federal-Mogul Holdings Corporation announced that its Powertrain division has entered into a definitive purchase agreement to acquire TRW's engine valve business for USD 385 million. The TRW engine valve business - a leading developer and supplier of engine valves for passenger car engines, heavy-duty engines and large-bore engines for industrial and marine applications with annual global sales...
<Sep 10, 2014>