United Technologies Completes Sale of Electric Power Systems Unit
HARTFORD, Conn., March 26, 2013
HARTFORD, Conn., March 26, 2013 /PRNewswire/ --United Technologies Corp.
(NYSE: UTX) today announced it has completed the sale of the former Goodrich
Corporation electric power systems business to Safran for approximately $400
million. Sale of the electric power systems unit was one of the two
divestitures required by regulatory authorities as a condition of UTC's
acquisition of Goodrich Corporation. UTC completed the sale of the other unit,
the legacy Goodrich pumps and engine controls business, earlier this month.
United Technologies Corp., based in Hartford, Connecticut, is a diversified
company providing high technology products and services to the building and
Contact: Ian Race, UTC
(860) 728-6515 www.utc.com
SOURCE United Technologies Corp.
Press spacebar to pause and continue. Press esc to stop.