China approves UTC-Rockwell Collins deal, clearing last regulatory hurdle

China approves UTC-Rockwell Collins deal, clearing last regulatory hurdle

China Approves $30 Billion United Technologies Deal. Now Watch the Ripple Effects.

China approved United Technologies purchase of Rockwell Collins on Friday. The news was more than the biggest deal-related development on a holiday-shortened trading day: It has implications for a large number of industrial and aerospace players.

Chinese regulators have blessed United Technologies Corp.s takeover of airplane-parts maker Rockwell Collins Inc., removing the final hurdle for a $23 billion combination that was struck more than a year ago.


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