Carlyle, BC Leading Race for United Technologies Unit -Reuters
24 July 2012 - 9:22AM
Dow Jones News
Carlyle Group LP (CG) and BC Partners in partnership are in
late-stage negotiations to acquire United Technologies Corp.'s
(UTX) industrial divisions, Reuters reported Monday citing three
people familiar with the matter.
United Tech in March put the pump and compressor units of its
Hamilton Sundstrand subsidiary up for sale to help fund its
acquisition of Goodrich Corp.
Representatives for United Tech, Carlyle and BC Partners
declined to comment to Reuters.
Full story at
http://www.reuters.com/article/2012/07/23/us-unitedtech-sale-idUSBRE86M1EH20120723
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