United Tech To Buy Rockwell Collins For $30 Billion

Aerospace supplier United Technologies Corp has struck a $30-billion agreement to buy avionics and interiors maker Rockwell Collins Inc, the companies said on Monday, in a deal that bulks up UTC’s power with plane makers by creating one of the world’s largest makers of civilian and defense aircraft components. Farmington, Connecticut-based United Technologies will pay $140 […]

Global M&As increase 8.4% in the first half

Global merger and acquisition (M&A) activity in the first half of 2017 increased 8.4% by value, despite 1,117 fewer deals compared with the same period last year. Deal value in the six months to June amounted to $1.49 trillion across 8,052 transactions. In the same period last year, 9,169 M&A transactions worth $1.38 trillion were […]