-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ObYiiMex6ZvXm7XPmh+0aT7G7jT5p7AkTGZTB4OVjVvwgG9MgBHgL7qQcIuYZQdy jg/LskGEYk8cC/I/gOjS9Q== 0000950152-96-006743.txt : 19961223 0000950152-96-006743.hdr.sgml : 19961223 ACCESSION NUMBER: 0000950152-96-006743 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961216 ITEM INFORMATION: Other events FILED AS OF DATE: 19961220 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRW INC CENTRAL INDEX KEY: 0000100030 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 340575430 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02384 FILM NUMBER: 96683816 BUSINESS ADDRESS: STREET 1: 1900 RICHMOND RD CITY: CLEVELAND STATE: OH ZIP: 44124 BUSINESS PHONE: 2162917000 MAIL ADDRESS: STREET 1: 1900 RICHMOND ROAD CITY: CLEVELAND STATE: OH ZIP: 44124 8-K 1 TRW INC 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 16, 1996 --------------------------- TRW Inc. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Ohio 1-2384 34-0575430 - --------------- ------------------------ ----------------------- (State or other (Commission File Number) (I.R.S. Employer jurisdiction of Identification Number) incorporation) 1900 Richmond Road, Cleveland, Ohio 44124 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (216) 291-7000 N/A - -------------------------------------------------------------------------------- (Former name or former address, if change since last report) 2 Item 5. Other Events. TRW Inc. and Magna International Inc. jointly announced on December 16, 1996 the formation of a strategic alliance for design, development and production of automotive products for the global market. Under the alliance, TRW will lead development efforts in occupant restraint systems, including air bags, seat belts, inflators, sensors and steering wheels, while Magna will focus on complete vehicle interiors and total body systems. As part of this strategic alliance, TRW and Magna will form and operate a technical center that will focus on total vehicle safety system integration and will support both companies in the development of systems and components. TRW will purchase from Magna, as part of the alliance, an 80 percent equity interest in two Magna-owned operations: MST Automotive GmbH Automobil-Sicherheitstechnik (MST), a European supplier of air bag modules, steering wheels and other related automotive components; and Temic Bayern-Chemie Airbag GmbH (TBCA), a European supplier of air bag inflators and propellants and related automotive components. For the 1996 calendar year, MST and TBCA will have sales (excluding intercompany transactions) of approximately DM 900 million (US $600 million or CDN $825 million). Combined, MST/TBCA operations employ approximately 2,500 people. Before the transaction with TRW is completed, Magna will purchase from Temic Telefunken Microelectronic GmbH the remaining equity interest not owned by it in MST and the majority equity interest not currently owned by it in TBCA. Once Magna has completed these purchases, it will immediately sell an 80 percent interest in the two companies to TRW for a cash payment of DM 650 million (US $418 million or CDN $570 million), subject to certain specified purchase price adjustments. The transactions are subject to required regulatory approvals. 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRW INC. Date: December 20, 1996 By: /s/ Martin A. Coyle ---------------------------- Martin A. Coyle General Counsel and Secretary -----END PRIVACY-ENHANCED MESSAGE-----