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Tag: Spinoff

Dell Technologies Eyes Spinoff of Majority Stake in VMware; Michael Dell QuotedM&A Activity

Dell Technologies Eyes Spinoff of Majority Stake in VMware; Michael Dell Quoted

Dell Technologies (NYSE: DELL) has announced that it is considering spinning off about 81 percent of its equity ownership interest…
UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes QuotedM&A Activity

UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the…
European Commission OKs UTC-Raytheon MergerM&A Activity

European Commission OKs UTC-Raytheon Merger

The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday.
UTC Board OKs Carrier, Otis Spinoffs; Greg Hayes QuotedM&A Activity

UTC Board OKs Carrier, Otis Spinoffs; Greg Hayes Quoted

The board of directors of United Technologies Corp. (NYSE: UTX) approved the spinoffs of its Carrier and Otis subsidiaries into two…
Greg Hayes: UTC Eyes Raytheon Merger Completion in AprilM&A Activity

Greg Hayes: UTC Eyes Raytheon Merger Completion in April

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTX), said UTC hopes to close its potential $120B merger…
Nuclear Industry Vet David Batters Appointed AECOM SVP, Int’l Sector Lead; John Vollmer QuotedExecutive Moves

Nuclear Industry Vet David Batters Appointed AECOM SVP, Int’l Sector Lead; John Vollmer Quoted

David Batters, formerly group chief financial officer at the U.K. Nuclear Decommissioning Authority, will serve as AECOM’s (NYSE: ACM) senior…
AECOM Board OKs Management Services Group Spinoff PlanM&A Activity

AECOM Board OKs Management Services Group Spinoff Plan

The board of directors at AECOM has approved the company’s plan to separate its management services business as a new publicly traded…
UTC to Split Into Three Firms After Rockwell Collins Deal Completion; Greg Hayes QuotedM&A Activity

UTC to Split Into Three Firms After Rockwell Collins Deal Completion; Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) has announced plans to divide into three independent companies after it completed its $30B purchase of
Perspecta Begins Trading on NYSE as Independent Firm Under CEO Mac CurtisM&A Activity

Perspecta Begins Trading on NYSE as Independent Firm Under CEO Mac Curtis

Perspecta has begun to trade under the ticker symbol “PRSP” on the New York Stock Exchange after it finalized its separation
Olivier Rabiller to Lead Honeywell Transportation Systems Business SpinoffExecutive Moves

Olivier Rabiller to Lead Honeywell Transportation Systems Business Spinoff

Olivier Rabiller will continue to serve as president and CEO of Honeywell‘s (NYSE: HON) transportation systems business after the unit’s