UTC said combining two of the world’s largest aerospace and commercial building firms would face “insurmountable” opposition from regulators
Volkswagen says its offer represents a premium of more than 50 per cent.
The Italian company wants to buy-out the remaining 41.5 per cent of the firm and fully merge the two companies.
Forms the largest electric utility in the US.
Exelon buys Constellation Energy for US$7.9 billion.
Grande Cache Coal Corp. has signed a deal to be bought by a partnership formed by Chinese and Japanese companies for $1 billion in cash.