GE tells regulators it's prepared to sell Honeywell unit

Article Abstract:

General Electric Co. (GE) is ready to sell off the regional jet-engine operations of Honeywell International Inc. GE made the announcement in order to satisfy the European Union which has opposed the company's planned $40 billion (47.29 billion euros) bid for Honeywell.

Foreign operations, Aircraft Engines & Parts, Aircraft Engine and Engine Parts Manufacturing, Aircraft engines and engine parts, Planning, Aircraft engine industry, Aircraft engines

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GE-Honeywell deal moves to last stage of EU review

Article Abstract:

General Electric Co.'s planned purchase of Honeywell International Inc. is entering the final phase of the European Union's regulatory review. The planned acquisition is valued at $40 billion.

Diversified Companies

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EU Market Commissioner Bets On Financial, Not Political Pact. Frits Bolkerstein Fights for Economic Integration, Rejects Eurofederalism. No Shortage of Challenges for 'Europrealist'

Article Abstract:

Frits Bolkerstein, the first UE international market commissioner, is little interested in furthering a political integration of European governments.

International economic relations, International Affairs, National Government, Public Administration, Nonmilitary Groups, Economic aspects, Beliefs, opinions and attitudes, European federation, Bolkerstein, Frits

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