United Technologies acquisition of Rockwell Collins
UTC bought Rockwell Collins, which was combined with UTC Aerospace Systems to form Collins Aerospace.
- Company
- Rockwell Collins
- Type
- M&A
- Status
- Completed
- Date
- 26 Nov 2018
- Value
- Not disclosed
- Value basis
- About US$15.5bn cash plus about 62.4m UTC shares; about US$8bn of Rockwell Collins debt stayed outstanding
- Region
- US
- Segment
- Defence electronics and avionics
Parties
- United Technologies buyer
- Rockwell Collins shareholders seller
Key terms
- Cash consideration
- about US$15.5bn
- Shares issued
- about 62.4m UTC shares
- Debt left outstanding
- about US$8bn
Sources
- UTC 8-K: UTC completes acquisition of Rockwell Collins sec.gov · 27 Nov 2018
- UTC 8-K: pro forma financial information on the Rockwell Collins merger sec.gov · 21 Dec 2018
Record DEF-INV-2018-0008. Investments are kept apart from the financings register and never counted in debt totals.