German aerospace supplier Diehl is not interested in buying the seats business of B/E Aerospace , even though seating is the only notable exception to the items the company makes for aircraft cabins, an executive said on Wednesday. B/E Aerospace, which makes seats and other interior products for commercial and business jets, put itself up for sale this month and said it had begun preliminary discussions with potential suitors.The surprise move by B/E Aerospace, which also has a business that distributes fasteners and replacement parts to the aerospace industry, prompted speculation that candidates could include companies from Airbus and Boeing to United Technologies Corp and General Electric.Diehl Aerosystems could also be considered a good fit, but CEO Rainer von Borstel insists it is not interested."We're not in talks," he said at the Berlin ILA Airshow. "The only thing we're missing is seats, but that's not something we plan to go into."
United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries worldwide. Shares of UTX fell by 1.67% or $-1.92/share to $113.10. In the past year, the shares have traded as low as $90.30 and as high as $120.66. On average, 3281220 shares of UTX exchange hands on a given day and today's volume is recorded at 3751157.
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