US: Regulator seeks additional information from United Tech, Raytheon

United Technologies and Raytheon have received requests for additional information from the antitrust division of the US Department of Justice related to their US$120 billion merger, according to a regulatory filing on Thursday, August 15.

The two companies last month were also asked to provide documentary material, the filing showed.

On June 10, United Technologies and Raytheon announced a deal that would intensify the pace of consolidation in the aerospace and defense industry.  The merger is expected to be completed in the first half of next year.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.

RECOMMENDED FOR YOU
 


More Articles