Rockwell Collins Merges with United Technologies
Davis Polk is advising J.P. Morgan Securities LLC and Citigroup Global Markets Inc. as financial advisers to Rockwell Collins, Inc. in connection with its $23 billion merger with United Technologies Corp. The transaction is subject to the approval by Rockwell Collins’ shareowners, as well other customary closing conditions and receipt of required regulatory approvals.
Rockwell Collins, headquartered in Cedar Rapids, Iowa, provides avionics and information technology systems and services to aircraft manufacturers and government agencies. United Technologies, headquartered in Farmington, Connecticut, researches, develops, and manufactures high-technology products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building systems and industrial products.
The Davis Polk corporate team includes partner Alan F. Denenberg and associate Tyler P. Pender. All members of the Davis Polk team are based in the Northern California office.