Northrop Grumman Acquires TRW

A wholly owned subsidiary of Northrop Grumman Corporation, a Delaware corporation, acquired TRW Inc., an Ohio corporation, on December 1, 2002, in a merger valued at approximately US$7.8 billion, plus the assumption of TRW’s net debt at closing.

For the Canadian part of the transaction, Northrop Grumman was represented by McCarthy Tétrault LLP with a team that included Oliver Borgers (competition/ corporate), Brian Graves and Jeffrey Johnstone (corporate/securities), Brian Tel (tax), Dean Palmer (labour) and Katherine Khamsi (competition). Paul Collins and Sandy Walker (competition) of Stikeman Elliott LLP represented TRW.