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Non-Tech : Delphi Automotive Systems (DPH)

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To: Sam Citron who wrote (84)	11/23/1999 9:29:00 AM
From: JakeStraw	of 397

Delphi to Buy Lucas Diesel Unit From TRW TROY, Mich. (Reuters) - Delphi Automotive Systems Corp. (NYSE:DPH - news) said on Tuesday it will buy Lucas Diesel Systems from TRW Inc. (NYSE:TRW - news) for $871 million in cash, making Delphi the world's No. 2 maker of diesel fuel injection systems for light- and medium-duty vehicles. Delphi, the world's No. 1 auto supplier, said its new Delphi Diesel Systems will have annual revenues of about $1.1 billion. The deal is subject to regulatory approvals and consultations with employee representatives, the company said.

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