# United Technologies receives Chinese approval for $30B Rockwell Collins acquisition

United Technologies Corp received Chinese regulatory approval for its $30 billion purchase of aircraft parts maker Rockwell Collins Inc, clearing the final hurdle to complete the largest aerospace deal in history.

- Type: Acquisition
- Announced: 2018-11-23
- Where: United States
- Value: $30.0B
- Status: completed
- Products: aircraft parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [United Technologies Corp.](https://endata.com/companies/937.md) (acquirer)
- [Collins Aerospace](https://endata.com/companies/11989.md) (partner)
- [Rockwell Collins Inc.](https://endata.com/companies/17593.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/us-china-regulator-utc/utc-gets-chinese-nod-for-rockwell-collins-purchase-deal-set-to-close-idUSKCN1NS1CM/?feedName=businessNews&feedType=RSS), 2018-11-23: "United Technologies Corp on Friday received Chinese regulatory approval for its $30 billion purchase of aircraft parts maker Rockwell Collins Inc, clearing the final hurdle to complete the largest aerospace deal in history."
- [airframer.com](https://www.airframer.com/news/release/united-technologies-announces-intention-to-separate-into-three-independent), 2018-11-26: "United Technologies Corp. today announced the completion of its acquisition of Rockwell Collins"
- [cnbc.com](https://www.cnbc.com/2018/11/26/united-technologies-to-announce-its-intention-to-separate-into-3-companies.html), 2018-11-26: "United Technologies announced late Monday that it intends to separate into three companies: United Technologies, Otis and Carrier."
- [prnewswire.com](https://www.prnewswire.com/news-releases/united-technologies-announces-intention-to-separate-into-three-independent-companies-completes-acquisition-of-rockwell-collins-300755507.html), 2018-11-26: "United Technologies Corp. (NYSE: UTX) today announced the completion of its acquisition of Rockwell Collins (NYSE: COL) and the company's intention to separate its commercial businesses, Otis and Carrier (formerly CCS), into independent entities."
- [thegazette.com](https://www.thegazette.com/business/utc-closes-on-rockwell-collins-acquisition/article_69400e47-a529-500a-8ec6-fbbfed79e48a.html), 2018-11-26: "UTC also on Monday announced its intention to separate into three independent companies through the spinoff of Otis Elevator and refrigeration provider Carrier."
- [ainonline.com](https://www.ainonline.com/aviation-news/business-aviation/2018-11-27/collins-aerospace-creates-new-playing-field-oems), 2018-11-27: "United Technologies Corp. (UTC) completed its $30 billion acquisition of Rockwell Collins, laying out a plan to emerge as an aerospace-focused company that comprises the newly formed Collins Aerospace and Pratt & Whitney."
- [verticalmag.com](https://verticalmag.com/press-releases/utc-completes-acquisition-rockwell-collins/), 2018-11-27: "United Technologies Corp. on Nov. 26 announced the completion of its acquisition of Rockwell Collins and the company’s intention to separate its commercial businesses, Otis and Carrier, into independent entities."
- [radioiowa.com](https://www.radioiowa.com/2018/11/27/utc-completes-acquisition-of-rockwell-collins/), 2018-11-27: "I’m really pleased to announce we’ve completed the acquisition of Rockwell Collins and we have officially formed the Collins Aerospace Systems business"
- [leehamnews.com](https://leehamnews.com/2019/01/28/utc-collins-merger-creates-super-supplier/), 2019-01-28: "The deal, which formally closed on Nov. 26, created a new super-supplier that rivals Boeing’s Commercial Airplane division in size"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.