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ZF completes sale of Engineered Fasteners and Components business to Illinois Tool Works
ZF Friedrichshafen AG announced it has completed the sale agreement of its global Engineered Fasteners and Components business to Illinois Tool Works Inc. for approximately USD 450 million. The business was part of ZF TRW, the Active and Passive Safety Technology Division of ZF Friedrichshafen AG. As a result of this....
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