Thomson ReutersAirbus Group Chief Executive Tom Enders speaks during a news conference on the aerospace group’s annual results, in London
and United Technologies Inc (UTC) would be in his company’s interests.
“I am under the impression that the leadership of UTC shares my assessment,” Enders said in the emailed statement. Airbus is one of the biggest customers of both Honeywell and UTC.
UTC said on Monday that a merger with Honeywell could either be blocked outright by antitrust authorities or be conditioned on significant divestitures after a lengthy and disruptive review period that would destroy shareholder value. Honeywell countered that it did not see the regulatory process as a “material obstacle” to the deal.
(Reporting by Greg Roumeliotis in New York; Editing by Chris Reese)
Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.
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