FTC approves GE purchase of Avio's aviation business

WASHINGTON Fri Jul 19, 2013 5:48pm EDT

WASHINGTON (Reuters) - General Electric (GE.N) won U.S. antitrust approval for its $4.3 billion bid for Italian plane components maker Avio, the Federal Trade Commission said on Friday.

General Electric won EU clearance for the transaction on Tuesday, after agreeing to protect strategic information related to the Eurofighter project.

(Reporting by Diane Bartz)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article