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EU regulators to rule on German, U.S. car parts deal by February 26

Reuters

BRUSSELS (Reuters) - European Union antitrust authorities will decide by Feb. 26 whether to approve German car parts maker ZF Friedrichshafen's [ZFF.UL] $13.5 billion (9.01 billion pounds) bid for U.S. rival TRW Automotive Holdings Corp . The European Commission said on its website on Friday that it launched a review of the deal on Jan. 22. The transaction will give the companies an edge in technologies for self-driving cars. TRW, a leading maker of car safety products such as brakes and air bags, counts as its clients Ford Motor Co , General Motors , Volkswagen AG and other car makers. ZF Friedrichshafen supplies chassis components to companies including Audi AG and BMW . (Reporting by Foo Yun Chee; Editing by Elaine Hardcastle)