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Boeing, Airbus voice doubts over US$23b supplier merger
Planemakers join chorus of sceptics of proposed United Technologies-Rockwell Collins tie-up
Add BT as a preferred sourcePublished Wed, Sep 6, 2017 · 09:50 PM
New York
BOEING Co and Airbus SE voiced concerns about a proposed tie-up of two leading suppliers on Tuesday, potentially upsetting United Technologies Corp's US$23 billion acquisition of Rockwell Collins Inc.
The world's largest planemakers added to the chorus of sceptics of a deal that would create an aerospace behemoth with a range of products to outfit jetliners and warplanes. Investors sent United Technologies shares plunging by the most in two years, while credit ratings companies said the manufacturer risks downgrades.
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