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Wednesday, October 10, 2012

EU mergers and takeovers (Oct 10), (NYSE: UTX)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- Private equity firms Carlyle and BC Partners to acquire U.S. industrial pumps maker Hamilton Sundstrand Industrial which is owned by United Technologies Corp (approved Oct. 10)

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries worldwide. Shares of UTX fell by 0.56% or $-0.43/share to $76.90. In the past year, the shares have traded as low as $70.41 and as high as $87.50. On average, 4091250 shares of UTX exchange hands on a given day and today's volume is recorded at 790989.



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