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United Technologies seeking largest deal yet to spur sales

New CEO promises to increase shareowner value despite challenging growth environment

Mr Hayes said that United Technologies has no plans to divest the Sikorsky unit, but that "anything's for sale at the right price".

New York

UNITED Technologies Corp's new chief executive officer said that he will consider acquisitions in excess of US$20 billion as he reviews portfolio changes that could also include selling off key business units.

In his first public appearance since being appointed to the top...