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US: Regulator seeks additional information from United Tech, Raytheon

 |  August 15, 2019

United Technologies and Raytheon have received requests for additional information from the antitrust division of the US Department of Justice related to their US$120 billion merger, according to a regulatory filing on Thursday, August 15.

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    The two companies last month were also asked to provide documentary material, the filing showed.

    On June 10, United Technologies and Raytheon announced a deal that would intensify the pace of consolidation in the aerospace and defense industry.  The merger is expected to be completed in the first half of next year.

    Full Content: Reuters

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