UTC, Rockwell Collins Near Merger with China Nod
China's approval was the final key regulatory hurdle for UTC's $30 billion Rockwell Collins acquisition.

United Technologies Corp. (UTC) is expected to close on its $30 billion acquisition of Rockwell Collins imminently now that it obtained the final key approval from China. The Chinese State Administration for Market Regulation cleared the merger late last week, and UTC on Friday said the deal would close within three business days. China’s signoff followed U.S. clearance on October 2 and European approval on May 4.


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