Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: Pechala's Reports
Provider: New Constructs, LLC

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

United Technologies Corp. Weighs $1 Billion Pratt Asset Sale-Reuters

Monday, 18 Jun 2012 02:20am EDT 

Reuters reported that United Technologies Corp. is looking to sell power generation assets within its Pratt and Whitney subsidiary in a deal that could fetch around $1 billion, according to three people familiar with the matter. The business, called Pratt & Whitney Power Systems, manufactures industrial gas turbines and geothermal power systems based on Pratt & Whitney's aircraft engine technology, and helps generate electricity for businesses and cities. Deutsche Bank is advising United Technologies on the potential divestiture, one of the people said. The potential sale is part of the diversified industrial conglomerate's effort to focus more on the aerospace and propulsion segments and move away from businesses that are not seen as core, according to the people familiar with the matter. 

Company Quote

-0.67 -0.56%
24 Apr 2014