26 jul: UPDATE: Chile Endesa 2nd-Quarter Net Profit Falls 46% to CLP35.21..
26 jul: Australia's PM Says Qantas Will Always be Majority Austr..
26-07-2012 01:23:00

United Technologies to Sell Hamilton Units for $3.46 Billion

Relateret indhold
Relateret debat
24 mar - 
Problem as below: i use the following command. ping 10...

By Kristin Jones

United Technologies Corp. (UTX) confirmed it has agreed to sell units of its Hamilton Sundstrand subsidiary to private-equity groups for $3.46 billion.

Washington private-equity group Carlyle Group LP (CG) and European buyout shop BC Partners have teamed up to buy the Milton Roy Co., Sullair Corp., and Sundyne Corp. businesses, which make pumps and air compressors.

The deal, which is subject to regulatory approval, is expected to close by year-end.

"While these are strong, profitable companies with solid customers and continued promising outlooks, they are not part of UTC's core of aerospace and building systems," said United Technologies Chief Executive Louis Chenevert.

Earlier Wednesday, The Wall Street Journal reported the company was nearing a deal, citing people familiar with the matter.

The industrial conglomerate is selling the businesses to help pay for its $16.5 billion acquisition of Goodrich Corp. (GR), which was announced last September.

United Technologies' first-quarter profit slumped as results took a hit from the planned shedding of certain businesses to finance the planned Goodrich acquisition.

Shares rose 1.9% after hours to $74. Through the close, the stock was down 9% in the past three months.

Write to Kristin Jones at kristin.jones@dowjones.com

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

(END) Dow Jones Newswires

July 25, 2012 19:23 ET (23:23 GMT)

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

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aarhus Elite Q3: Venter underskud på 14-16 mio. kr.

24-04-2014 15:58:12
Århus Elite har sat tal på, hvor stort underskud, der er i vente i 2013/14. 14-16 mio. kr. bliver tabet. Der var hidtil ventet et resultat, der var dårligere en..

Novo/Sydbank: Kontrakttab viser sig ikke i Lillys tal

24-04-2014 13:20:33
Eli Lillys regnskab for første kvartal viser ikke klare tegn på, at selskabet nyder godt af at have vundet en kontrakt for næsen af Novo Nordisk sidste år.Salge..

Vind/Sydbank: Alstom-opkøb vil give GE et ekstra ben

24-04-2014 11:29:02
Såfremt rygterne om, at General Electric vil købe franske Alstom holder vand, vil det på sigt kunne skabe en stærkere spiller på vindmarkedet, når to selskaber ..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/tendens: Forstærkede forventninger i fokus hos Novozymes
2
Apple blæste analytikernes estimater af banen
3
Økonom: Godt nyt til Danmark fra Tyskland
4
Torsdagens aktier: Russisk sabelraslen sendte markedet ned
5
Danmark: Nationalbanken dropper negativ rente - NY

Relaterede aktiekurser

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.
 
25. april 2014 02:36:40
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20140324.1 - EUROWEB6 - 2014-04-25 02:36:40 - 2014-04-25 02:36:40 - 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