雷神公司和联合技术公司航空航天业务并购进入关键阶段(英文)

据mil-embedded网2020年3月14日报道,联合技术公司 (UTC) 批准将开利供热制冷及奥蒂斯升降器子公司剥离并与雷神公司合并计划。为解决因合并可能引起的军用GPS接收器和机载无线电市场竞争削弱问题,双方提出剥离联合技术公司整个军用GPS接收器和抗干扰业务以及雷神公司所有军用机载雷达业务。2019年6月,联合技术公司决定将航空航天业务并入雷神公司,并设立价值1210亿美元的新公司,成为该领域最大并购案,预计2020年第二季度完成。

Raytheon, UTC merger closer to final with spinoff of subsidiaries

FARMINGTON, Conn. The board of United Technologies Corp. (UTC) has approved the spinoff of the company’s Carrier heating and cooling and Otis elevator subsidiaries, keeping its planned merger with Raytheon on track.

The European Commission had expressed concern that a UTC/Raytheon merger would have reduced competition in the markets for military GPS receivers and airborne radios. To address these concerns, UTC and Raytheon offered to divest UTC’s entire military GPS receiver and antijamming business (located in Iowa) and Raytheon’s entire military airborne radios business (based in Indiana).

The Commission said that the remedies removed the entire horizontal overlap and that now the modified transaction would no longer raise competition concerns.

UTC agreed in June 2019 to combine its aerospace business with Raytheon and create a new company worth about $121 billion, in what is expected to be the sector’s biggest ever merger. Shareholders of UTC and Raytheon approved the merger in October 2019; the deal — with the agreed-upon amendments — is expected to be finalized during the second quarter of 2020, subject to final regulatory approvals.