13-Apr-2017 12:16 PM
EU Commission clears Rockwell Collins' acquisition of B/E Aerospace
EU Commission approved (12-Apr-2017) Rockwell Collins' acquisition of B/E Aerospace under EU Merger Regulations. The Commission stated the proposed acquisition would not raise competition concerns, because there are no overlaps or vertical links between the products of B/E Aerospace and Rockwell Collins. The Commission concluded the combination of the two companies' products would "not lead to shutting out competitors from the market", as other suppliers of aviation and cabin interior products already have the possibility to offer a similar combination of products or "could partner up to compete against the merged entity for commercial opportunities". [more - original PR]