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Auto parts maker TRW to sell engine valve business for $385 mln
2014年9月10日 / 下午12点57分 / 3 年前

Auto parts maker TRW to sell engine valve business for $385 mln

Sept 10 (Reuters) - Auto parts maker TRW Automotive Holdings Corp said it would sell its engine valve business to Federal-Mogul Holdings Corp for $385 million.

The sale of the business, which has annual sales of about $610 million, is expected to close in the first quarter of 2015, TRW said. (Reporting by Sagarika Jaisinghani in Bangalore; Editing by Sriraj Kalluvila)

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