Honeywell sees no regulatory obstacles in proposed UTC merger

Honeywell said it sees significant benefits in a merger with UTC, including $3.5bn of savings, and does not view the regulatory process as a material obstacle, even after UTC declined to pursue the combination.

“Honeywell has said it sees significant benefits in the merger, not least of which is potential savings of $3.5bn. “We do not see the regulatory process as a material obstacle to a transaction,” Honeywell says.”

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