The European Commission has cleared the way for United Technologies Corp. (UTC) to buy Rockwell Collins, assuming the divestiture of businesses in actuators, pilot controls, ice protection and oxygen systems. The May 4 announcement—which was largely expected—removes one of the last requirements for the US aerospace companies to clear before merging their operations, expected this summer. Rockwell Collins is a US-based avionics, IT and aircraft interiors provider while UTC is ...

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