Target hits back after details of $90bn cash-and-stock offer are published
If group is so confident about its bid, it should offer a big break fee
Dave Cote is pushing hard to take over UTC, to create a behemoth in the aero and building sectors
Boeing also signals it is against the two aerospace suppliers combining
Industrial conglomerate says it does not see a ‘material obstacle to a transaction’
Combined company would have had powerful positions in aerospace and building industries
Big M&A is an odd strategy for a company built on steady efficiency gains
Proposed cash and stock deal rebuffed on antitrust concerns
Failure of Honeywell-UTC merger talks has echoes of issues that undermined GE takeover of Honeywell
Companies with offshoring plans encounter populist discontent
Chinese tech group starts ball rolling as US companies instruct banks after slow start to the year
Cash and shares sale follows defence group’s acquisition of Sikorsky helicopters for $9bn
Some of the problems behind the group’s profit warnings can be traced to the former CEO’s tenure
GE and Pratt & Whitney kept presence in fast-growing narrow-body jet market
Technology company partly attributes decline to stronger dollar
Investor outflows challenge market and pressure issuers of bonds
Calendar is packed with corporate earnings, key economic data and central bank news
International Edition