TRW to divest Linkage and Suspension business   [ USA ]

TRW Automotive Holdings Corp. announced that its subsidiary, TRW Automotive Inc., signed a definitive agreement to divest its Linkage and Suspension business for USD 400 million in cash to THK Co., Ltd., a Japan-based manufacturer of linear motion systems. The planned divestiture, with annual sales of approximately USD 550 million, is expected to close by the end of TRW's fiscal third quarter. ...
<Apr 21, 2015>