26 jul: Banco Santander Brasil Shares Down on 2nd-Quarter Results
26 jul: June Building Permits Revised Higher
26-07-2012 16:54:00

Canada's Competition Bureau Clears UTC Acquisition of Goodrich

Relateret indhold

By Paul Vieira

OTTAWA--Canada's antitrust watchdog said Thursday it would take no action concerning United Technologies Corp.'s (UTX) planned $16.5 billion purchase of Goodrich Corp. (GR) even though the deal initially posed competition concerns for the Canadian aircraft market.

The Competition Bureau, however, said in a statement it cleared the merger because conditions attached to the deal by U.S. and European antitrust agencies "appear to sufficiently mitigate the potential anti-competitive effects in Canada."

The bureau said its review of the deal, conducted along with U.S. and European authorities, identified certain product markets that raised competition concerns -- mainly in the sale of electrical generators and engine parts. As a result, UTC and Goodrich agreed to divest some of their operations that build electrical generators and engine parts in the U.S. and Europe.

"The proposed divestitures will enable Canadian companies to competitively source generators and electrical distribution systems, as well as engines," Canada's anti-trust agency said.

Earlier Thursday, European Union regulators and the U.S. Department of Justice granted conditional approval to the deal, one of the biggest in recent years in the aerospace industry. They said without the agreed-upon divestitures, the deal would likely have resulted in higher prices and less favorable contract terms.

-Write to Paul Vieira at paul.vieira@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 26, 2012 10:54 ET (14:54 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Rederierne sparer 700 mio. kr. om dagen på lavere bunker-priser

21-11-2014 15:58:38
De seneste måneders kraftige prisfald på skibsbrændstof betyder, at der er store summer at spare for rederierne. 117 mio. dollar (700 mio. kr.) kan verdens saml..

DFDS/CEO: Positivt med engelsk økonomi i god form

21-11-2014 13:22:24
Markedet i og omkring Storbritannien er meget afgørende for rederiet DFDS, der i tredje kvartal konstaterede en flot udvikling - blandt andet trukket af netop S..

Aktier/middag: Mærsk og DFDS holder dampen oppe

21-11-2014 11:37:46
De europæiske aktiemarkeder er positivt stemt fredag formiddag, og en forsikring fra chefen for Den Europæiske Centralbank (ECB), Mario Draghi, om, at han vil f..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

United Technologies Corp 110,30 1,4% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
23. november 2014 20:57:07
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141120.1 - EUROWEB6 - 2014-11-23 20:57:07 - 2014-11-23 20:57:07 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x