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United Technologies Corp Completes Sale of Pump and Engine Control Systems Business


Monday, 18 Mar 2013 12:37pm EDT 

United Technologies Corp announced it has completed the sale of the former Goodrich Corporation pump and engine control systems business to Triumph Group, Inc. Sale of the pump and engine control systems unit was one of the divestitures required by regulatory authorities as a condition of UTC's acquisition of Goodrich Corporation. UTC has reached agreement to sell a second unit, the legacy Goodrich electric power systems business, which remains pending subject to regulatory approvals and customary closing conditions. 

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107.01
0.67 +0.63%
3:58pm EDT