United Technologies $30 billion acquisition of Rockwell Collins

Overview:

• United Technologies has acquired Rockwell Collins for $30 billion.
• United Technologies is an American engine producer, while Rockwell Collins is an aircraft electronics producer.
• The new entity will combine both existing businesses and will be called Collins Aerospace Systems.
• Rockwell Collins shareholders will receive $93.33 per share in cash and $46.67 in shares of United Technologies common stock.
• The transaction is expected to close in the third quarter of 2018.

Katrin Kostadinova - Data analyst