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"Raytheon, United Technologies in late-stage talks to merge

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bar1080   Saturday, 06/08/19 11:15:56 PM
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"Raytheon, United Technologies in late-stage talks to merge in an all-stock deal"

The tie-up between Raytheon and United Technologies’ aerospace unit is expected to be worth more than $100 billion
The deal could be announced as early as Monday, according to a source.
The combination would consolidate the aerospace and defense sector and suppliers of companies like Boeing, Airbus and Lockheed Martin.

The new company, after Carrier and Otis are separated out, is expected to have a combined market value of more than $100 billion, the person said.

The deal, a so-called merger of equals, wouldn’t close before 2020, when United Technologies expects to complete the separation of the elevator and air conditioning businesses, the person said. "

https://www.cnbc.com/2019/06/08/raytheon-and-united-technologies-are-in-talks-to-merge-wsj.html

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