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afx,uk,focus,2009,11,12,1355,update,2,united,tech,to,buy,ge,security,arm,for,182,bln (AFX UK Focus) 2009-11-12 13:55 UPDATE 2-United Tech to buy GE security arm for $1.82 bln
BOSTON, Nov 12 (Reuters) - Diversified U.S. manufacturer United Technologies Corp said it will buy General Electric's security business for $1.82 billion in a move to expand the presence of the world's top maker of elevators and air conditioners in a fast-growing North American sector. The purchase will be neutral to United Tech's 2010 earnings, after restructuring and transaction costs and will ...
2009-11-12 - Interactive Investor