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Image header Agence Europe
Europe Daily Bulletin No. 10665
ECONOMY - FINANCE - BUSINESS / (ae) competition

Commission authorises UTC/Goodrich merger

Brussels, 27/07/2012 (Agence Europe) - On 26 July, following an in-depth investigation (EUROPE 10583), the European Commission cleared the proposed acquisition of Goodrich Corporation by United Technologies Corporation (UTC), both US-based companies active in the production and sale of aviation equipment on a worldwide basis. The Commission agreed to the commitments taken by UTC to calm fears regarding possible competition problems resulting from market operation of airconditioning...

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