hvacrollups.com
← All signals
Deal closed Nov 2018 · Farmington, Connecticut Verified

United Technologies Completes Acquisition of Rockwell Collins

United Technologies Corp. announced the completion of its acquisition of Rockwell Collins, forming Collins Aerospace Systems. The deal is expected to be accretive to adjusted earnings per share in 2019 and generate over $500 million in run-rate pre-tax cost synergies by year four.

“United Technologies Corp. (NYSE: UTX) today announced the completion of its acquisition of Rockwell Collins (NYSE: COL)”

Entities

United Technologies Corp. · Acquirer Collins Aerospace Systems · Subsidiary Rockwell Collins · Target
Other Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.