United Technologies To Buy Rockwell Collins
airwise | September 05, 2017
United Technologies (UTC) has reached a definitive agreement to acquire Rockwell Collins to create “a premier aerospace systems supplier” in a deal worth USD$30 billion. The agreement values Rockwell Collins at $23 billion, with UTC also assuming Rockwell’s $7 billion debt. Each Rockwell share is worth $140 under the deal, with $93.33 of that in cash and $46.67 in UTC stock.