United Technologies to announce intention to separate into three companies

United Technologies to announce intention to separate into three companies

(Reuters) - United Technologies Corp will announce its intention to separate into three companies on Tuesday, the company said on its investor relations page.

UTC has been under pressure from activist investors to split the sprawling jet engine-to-air conditioner group.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Shailesh Kuber)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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Updated Date: Nov 27, 2018 05:05:23 IST

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