United Technologies Chairman and CEO Greg Hayes gives an interview to CNBC on the floor of the New York Stock Exchange in New York, U.S., September 5, 2017. REUTERS/Brendan McDermid
WASHINGTON - The chief executive of United Technologies Corp said in a television interview that merging with Raytheon Co did not require approval from China, removing one possible hurdle from the creation of the proposed conglomerate. “Fortunately, we don’t need to get Chinese approval that need to approve this deal,” Greg Hayes said in an interview with Bloomberg Television, adding that there were fewer countries involved than there were during United Technologies’ acquisition of Rockwell Collins last year.
United Technologies’ acquisition of airplane parts maker Rockwell Collins was delayed by months as Chinese authorities scrutinized it. Trade tensions between the United States and China were blamed for the delay.
Without chinese approval i say you will not have a merger learn to respect boy your money here you will not get a penny until u learn respect
How much Raytheon stock does Trump own? Safe to assume this is to help get the Saudi's nukes and begin a mars/moon mission. A few trillion dollars?
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »