26 jul: USA/aktier: Optimismen bobler
26 jul: Torsdagens obligationer: Spanien fik tiltrængt åndedrag
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

Alphaliner: 2017 kan blive rekordår for ophug i containerbranchen

18-01-2017 12:23:23
Der er over de seneste måneder kommet lidt bedre styr på den ellers enorme overkapacitet af containerskibe, der har præget verdenshavene gennem efterhånden fler..

Mærsk/CEO: Børsnotering af energiaktiviteter mest sandsynlig - NY

18-01-2017 10:03:19
Det er mest sandsynligt, at A.P. Møller-Mærsk ender med en selvstændig børsnotering af sine energiaktiviteter frem for frasalg eller joint venture-konstruktione..

Zealand får milepælsbetaling på 10 mio. dollar for Suliqua-godkendelse

18-01-2017 06:56:00
Biotekselskabet Zealand Pharma har modtaget en milepælsbetaling på 10 mio. dollar - svarende til 69,5 mio. kr. - i forlængelse af at franske Sanofi har fået mar..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Novozymes-aktien vender rundt: Fra toppen til bunden af C20 - NY
2
Novozymes: Telekonference kostede investorerne milliarder
3
Aktier/tendens: Fyringsrunde hos Novozymes og Dong-salg stjæler fokus
4
Mærsk/CEO: Børsnotering af energiaktiviteter mest sandsynlig - NY
5
Novozymes/CFO: Har aldrig fyret i den størrelsesorden

Relaterede aktiekurser

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
19. januar 2017 07:38:49
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20170103.1 - EUROWEB2 - 2017-01-19 07:38:49 - 2017-01-19 07:38:49 - 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