US industrial conglomerate United Technologies (UTC) is in negotiations to buy aerospace-equipment maker Goodrich for as much as $15.6 billion, CNBC television reported on Friday. UTC is in \"deep negotiations\" about acquiring Goodrich for between $110 and $125 a share, which corresponds to a value of $13.8 billion to $15.6 billion, the channel said, citing unnamed sources close to the talks. Shares of Goodrich, which closed at $92.89 on Friday, jumped 20.1 percent in after-hours trading to $111.53. Goodrich makes parts such as landing gear and engine control systems used in Boeing and Airbus passenger planes, as well as components used in military helicopters. UTC, a member of the Dow\'s list of 30 blue-chip companies, spans a number of industries such as aircraft engines (Pratt & Whitney), helicopters (Sikorsky), aerospace equipment (Hamilton Sundstrand), elevators (Otis) and air conditioners (Carrier).
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new highMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor