ZF’s net debt will rise to some 8.5 billion euros ($11 billion), or about 2.4 times core earnings after it buys rival TRW, a banker familiar with the deal said.Earlier this week, ZF agreed to buy TRW for $13.5 billion including debt,
ZF’s net debt will rise to some 8.5 billion euros ($11 billion), or about 2.4 times core earnings after it buys rival TRW, a banker familiar with the deal said.Earlier this week, ZF agreed to buy TRW for $13.5 billion including debt,