GE-Honeywell deal suffers fresh setback from EU
Article Abstract:
General Electric Co.'s (GE) planned acquisition of Honeywell International Inc. nearly collapsed as a result of the European Union's (EU) demands. The EU is calling on GE to sell over 50% of Honeywell's aerospace unit.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
European Union, Powers and duties
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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EU Commission to open inquiry into GE acquisition
Article Abstract:
General Electric Co. proposed acquisition of Honeywell International Inc. is being investigated by the European Commission (EC). The planned deal is valued at $45 billion (49.33 billion euros).
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
European Union, Public affairs, Investigations, European Union. European Commission
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: United States, Diversified companies, Electrical equipment and supplies industry, Electric equipment industry, Mergers, acquisitions and divestments, General Electric Co., GE, Honeywell International Inc., ALD
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