United Technologies and Raytheon merger (Raytheon Technologies)
UTC's aerospace businesses and Raytheon combined in an all-stock merger of equals to form Raytheon Technologies (now RTX).
- Company
- Raytheon Company
- Type
- M&A
- Status
- Completed
- Date
- 3 Apr 2020
- Value
- Not disclosed
- Value basis
- All-stock merger of equals; no cash price
- Region
- US
- Segment
- Defence primes
Parties
- United Technologies merger partner
- Raytheon Company merger partner
Key terms
- Structure
- All-stock merger of equals
- Announced
- 10 Jun 2019
Sources
- Raytheon 8-K: Raytheon and United Technologies to combine in merger of equals sec.gov · 10 Jun 2019
- Raytheon Technologies 8-K: merger completed sec.gov · 3 Apr 2020
Record DEF-INV-2020-0004. Investments are kept apart from the financings register and never counted in debt totals.