File - ZF currently ranks ninth among auto-parts suppliers.
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ZF Friedrichshafen AG agreed to buy TRW Automotive Holdings Corp. for $11.7 billion, creating a company big enough to push back against pricing pressure from the largest automakers.TRW has 111.2 million shares outstanding, according to its website.TRW shares declined as much as 1.4 percent to $102.41 and were down 1.1 percent at 10:06 a.m. in New York trading.Combining the two suppliers would create a company with about $41 billion in annual sales, vaulting ZF to the No 2 . Defense contractor Northrop Grumman Corp. sold TRW to Blackstone Group LP for about $4.7 billion in a deal announced in late 2002 .
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