Allen & Overy landed the lead advisory role for General Electric on the $1.8 billion sale of GE's fire alarm and security unit to Hartford, Conn.-based United Technologies, the conglomerate that makes Sikorsky helicopters, Carrier air conditioners and other big-name items. Wachtell, Lipton, Rosen & Katz advised UTC on the deal, says a UTC spokesman. GE sold its homeland security branch to the French company Safran earlier this year, and is reportedly close to selling its stake in NBC Universal to Comcast.
November 13, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Allen & Overy landed the lead advisory role for General Electric on the $1.8 billion sale of GE’s fire alarm and security unit to Hartford, Conn.-based United Technologies, the conglomerate that makes Sikorsky helicopters, Carrier air conditioners and other big-name items, according to the company.
Wachtell, Lipton, Rosen & Katz advised UTC on the deal, according to a UTC spokesman.
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