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Northrop Grumman sells remaining TRW Automotive stake for 209 mln usd.
(From AFX Europe (Focus))
LOS ANGELES (AFX) - Northrop Grumman Corp said it has sold its entire remaining stake in its former unit TRW Automotive Holdings Corp back to the company for 209 mln usd, or 21.41 usd per share.
The sale, which is seen closing by Nov 10, will result in a fourth quarter after-tax gain of around 72 mln usd, or 21 cents …
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