Rockwell Collins acquisition gets EU approval
BPC Staff May 4, 2018 | 7:45 pm
<1 min read time
73 wordsAll Latest News, Manufacturing, Statewide NewsCedar Rapids Gazette: The acquisition of Rockwell Collins has received approval by the European Union, but it will require Rockwell and its buyer to sell or get rid of some of their business. The European Commission, a regulatory authority of the EU, announced today that it has approved United Technologies Corp.’s planned purchase of Cedar Rapids-based Rockwell. It was not immediately clear how or whether the required divestitures would affect Rockwell’s Iowa employees.
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