ZF, Germany, is raising 10 billion euros of funds and will acquire Trina, the world's second largest component group. The two sides are negotiating on the transaction price, or will reach $12 billion, making it one of the most expensive acquisitions in the history of the parts industry. Informed sources told the media a few days ago that ZF’s acquisition of Trina has made the latest progress. The former is raising about 10 billion euros through debt financing, which is about 13.4 billion U.S. dollars. During the dialogue with ZTE, ZF gave The intention to quote is $105 per share, slightly higher than the current share price of TRW; based on the issued shares and the ZF intent price, the transaction amount for the acquisition of Trina will be around $12 billion. The price is approximately 7.5 times the estimated balance of EBITDA for the 2014 EBITDA, which means that if the deal is reached, it will rank among the largest acquisitions in the auto parts sector. After the merger, the new group will rank second in the component industry, second only to Bosch. Aluminum Casting Parts,Nonferrous Castings,Aluminum Casting Alloys,Hydraulics Part Prototypes Guangdong Fenghua Zhuoli Technology Co., Ltd , https://www.fhzl3dpequip.com
· ZF's acquisition of the TRW trading price will reach 12 billion US dollars