July 10 (Reuters) - ** Auto parts supplier's shares up as much as 8.1 pct, touches life high at $98.80
** Bloomberg says Germany's ZF Friedrichshafen AG is in early-stage buyout talks with the company
** ZF Friedrichshafen values TRW at around $11 to $12 billion although no specific price has been discussed, according to Bloomberg. (http://bloom.bg/U5p7CG)