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[$$] United Technologies Gets China’s Approval for Rockwell Collins Deal

Chinese regulators have blessed United Technologies Corp.’s takeover of airplane-parts maker Rockwell Collins Inc., removing the final hurdle for a $23 billion combination that was struck more than a year ago. Some investors had grown nervous the transaction could get caught up in trade tensions between Beijing and Washington, even though UTC executives had said they expected the transaction to get approved. UTC said Friday it expected the deal to close within three business days.