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May 9, 2018UTC Cleared to Acquire Rockwell Collins
The European Commission has approved, under the EU Merger Regulation, the $30 billion acquisition of Rockwell Collins by United Technologies Corporation (UTC) in the aerospace sector. The decision is conditional on divestment of businesses in actuators, pilot controls, ice protection and oxygen systems. UTC has committed to divest activities covering the entire overlap between the two companies and to preserve fair competition environment in the market.
