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GE and Honeywell seek EU approval through stake sale

Article Abstract:

General Electric Co. (GE) has offered to sell off a minority share of its aviation-financing unit in order to convince the European Union to approve its planned acquisition of Honeywell International Inc. The planned acquisition is valued at $42 billion (48.81 billion).

Author: Cohen, Laurie P., Shishkin, Philip, Murray, Matt
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
European Union

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GE's purchase of Honeywell earns U.S. approval

Article Abstract:

General Electric Co.'s (GE) planned acquisition of Honeywell International Inc. has been approved by the US Department of Justice. The $40 billion (44.7 billion euros) deal won approval after Honeywell agreed to sell off its helicopter engine division.

Author: Wilke, John R., Murray, Matt
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001

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Welch touts Honeywell megamerger

Article Abstract:

General Electric Co.'s (GE) chairman and chief executive John F. Welch Jr., promoted his company's planned acquisition of Honeywell International Inc. GE is planning to buy Honeywell for $42.88 billion (50.88 billion euros).

Author: Murray, Matt
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
Beliefs, opinions and attitudes, Welch, John F., Jr.

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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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