TRW Automotive Holdings In Advanced Talks To Be Bought Out

Reuters broke the

that

is currently in advanced talks to acquire

for $12 billion. That would be a take-out value of around $105 per/share. TRW Automotive Holdings is at $102.45 per/share on Wednesday's trading session giving speculators limited upside from current levels. In a

published on Benzinga on July 17th, ZF Friedrichshafen AG was aiming to finance bid for $11 billion to $13 billion. With advanced talks underway a deal may be close. Reuters $12 billion figure is in-line with figures mentioned in prior rumors.