|Bid||60.98 x 200|
|Ask||61.50 x 17100|
|Day's Range||85.12 - 85.83|
|52 Week Range||59.42 - 85.83|
|PE Ratio (TTM)||10.48|
|Dividend & Yield||1.85 (1.90%)|
|1y Target Est||81.68|
Aerospace and industrial company United Technologies Corp said on Tuesday it has no immediate plans to sell off other businesses after it agreed to acquire avionics supplier Rockwell Collins Inc in a $23 billion deal that creates a powerhouse aerospace supplier. United Tech also knocked down speculation that the acquisition would prompt it to spin off other businesses, such as Carrier air conditioners or Otis elevators. "We need the cash flows from all the businesses to help pay down some of this debt" and retain an investment-grade credit rating, United Tech Chief Executive Officer Greg Hayes said on a conference call with analysts.
TOULON/PARIS, Sept 5 (Reuters) - Safran would look at any assets that might come up for sale as a result of United Technologies' planned $23 billion takeover of Rockwell Collins, the French company's chief executive said. "We will see, we will take a look, but it is much too early to move forward in this area," Safran's Philippe Petitcolin said on Tuesday on the sidelines of a defence conference. Engines and parts maker United Technologies reached a deal to create a new aerospace giant on Monday by buying avionics maker Rockwell Collins.
Half Year 2017 Safran SA Earnings Call