December 21, 2010

TRW AUTOMOTIVE: Reserves $55M at Oct. 1 for Environmental Issues

COMPANIES: TRW Automotive Holdings Corp
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TRW Automotive Holdings Corp., as of Oct. 1, 2010, had reserves for environmental matters of US$55 million.

In addition, the Company has established a receivable from Northrop Grumman Corporation for a portion of this environmental liability as a result of indemnification…

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