United Technologies logo is displayed on a screen at the post where it's stock is traded on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 5, 2017. REUTERS/Brendan McDermid
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Aerospace and industrial company United Technologies Corp. said Tuesday it has no immediate plans to sell off other businesses after it agreed to acquire avionics supplier Rockwell Collins Inc. in a $23 billion deal that creates a powerhouse aerospace supplier.United Tech expects to borrow $15 billion to fund the deal, Hayes said, and it will assume $7 billion in Rockwell Collins debt as part of the transaction announced Monday, which is expected to close by the third quarter of 2018 .Safran said Tuesday it would look at assets that might come up for sale after the United Tech-Rockwell deal.
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