P505 Teletext 505 Jan29 00:35:33 ———————W(,.% ———————————————— TRW OFFERS £4bn FOR LUCASVARJTZ LucasVarity has confirmed it has received a £4.2bn cash offer from its American vehicle parts supplier rival TRW. It said it would offer 288p a shari for LucasVarity and expected cost savings of more than £125m annually by the end of 2001. The groups said they would guarantee the employment rights of LucasVarity's 51,000 employees. ——————————————————————————————————1/2—— Shari index 510 Market report 517 TOTAL ENTJRTBINMENT p400 FULL GUIDEP505 Teletext 505 Jan29 00:33:56 ———————/(,^I ———————————————— 2/2,* FEDERAL-MOGUL RECONSIDERS LUCASVARJTZ US car parts group Federal-Mogul has confirmed it may revise a £3.9bn cash-and-stock offer for LucasVarity. The announcement follows a £4.2bn bid for the British group bz fellow American parts supplier TRW. A Federal-Mogul spokeswoman said the company had requested privbte data provided to TRW so it could decide on whether to revise its earlier proposal and make a formal offer. ——————————————————————————————————————— Shari index 510 Market report 517 IT RECRUITMENT ADVERTISING p631 Next FUSE Popshares Companies