BREAKING NEWS

BREAKING NEWS

United Technologies to announce intention to separate into three companies

Now Reading :

United Technologies to announce intention to separate into three companies

United Technologies to announce intention to separate into three companies
@ Copyright :
Brendan McDermid(Reuters)
Text size Aa Aa

(Reuters) - United Technologies Corp <UTX.N> will announce its intention to separate into three companies on Tuesday, the company said on its investor relations page.

UTC has been under pressure from activist investors to split the sprawling jet engine-to-air conditioner group.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Shailesh Kuber)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.