EU's tough antitrust policy thwarts GE bid for Honeywell
Article Abstract:
General Electric Co. (GE) has essentially terminated its planned acquisition of Honeywell International Inc. due to the European Union's (EU) opposition to the merger for antitrust reasons. The planned deal was worth $41 billion (48.05 billion euros).
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:
Aerospace System suppliers face pressure to consolidate
Article Abstract:
General Electric Co.'s planned purchase of Honeywell International Inc. will increase the pressure on aerospace system suppliers to consolidate their operations. They will be under greater pressure to consolidate or to withdraw from the business.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
EU antitrust inquiry targets GE-Honeywell
Article Abstract:
General Electric Co.'s takeover bid for Honeywell International Inc. is being investigated by the European Commission (EC). The EC is investigating the $45 billion (47.9 billion euros) bid for antitrust concerns.
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: