TRW nears agreement to acquire LucasVarity

Article Abstract:

TRW Inc. is close to reaching a deal to acquire LucasVarity PLC. LucasVarity is an Anglo-American firm. TRW is an auto parts and aerospace company based in the US. In addition, Federal-Mogul Corp. has made a $6.44 billion "bear hug" bid to acquire LucasVarity. The offer could become a serious obstacle to TRW's planned takeover of LucasVarity. The details of TRW's potential acquisition of LucasVarity are still being developed.

Comment:

Makes a $6.44 billion "bear hug" bid to acquire LucasVarity

United Kingdom, Diversified Companies, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, General Industrial Machinery, Machinery Manufacturing, Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automobile equipment and supplies industry, Automotive parts industry, Industrial equipment, Machinery, Mergers, acquisitions and divestments, Automotive parts, Abstract, Industrial equipment and supplies industry, Industrial equipment industry, Federal-Mogul Corp., FMO, TRW, Northrop Grumman Space & Mission Systems Corp., LucasVarity PLC, LVA

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GM will record about $1 billion in pretax charges

Article Abstract:

General Motors Corp. will record approximately $1 billion in pretax charges according to an United States Securities and Exchange Commission filing.

Financial management, TRANSPORTATION EQUIPMENT, Finance, General Motors Corp., GM, Transportation equipment industry, Company Profile, United States. Securities and Exchange Commission, Company financing

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