The European Commission (EC) has approved United Technologies Corp.’s (UTC) proposed acquisition of Goodrich, but only if it sells some units, European Union antitrust regulators said Thursday.
The European Commission (EC) has approved United Technologies Corp.’s (UTC) proposed acquisition of Goodrich, but only if it sells some units, European Union antitrust regulators said Thursday (ATW Daily News, Sept. 23, 2011). The regulatory clearances require that UTC sell Goodrich's Electric Power Systems business and Goodrich's Connecticut-based Pumps and Engine Controls business, according to an EC statement. UTC will also sell Goodrich's interest in Aero Engine ...
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