The global site of the UK's leading magazine for automation, motion engineering and power transmission
22 October, 2018

Product and Supplier Search

Facebook

Brussels takes a closer look at Honeywell takeover

01 September, 1999

The European Commission has decide to open an in-depth investigation into AlliedSignal`s proposed merger with Honeywell. This follows an initial, one-month investigation which revealed an overlap in the area of avionics products that, the Commission fears, could lead to the creation or strengthening of a dominant position in Europe.

In a joint statement, AlliedSignal and Honeywell say that they "do not anticipate that any areas outside the aerospace businesses will be affected" by the investigation. They expect it to finish in time for them to complete their deal in the autumn. The EC says the review will take a maximum of four months.




Magazine
  • To view a digital copy of the latest issue of Drives & Controls, click here.

    To visit the digital library of past issues, click here

    To subscribe to the magazine, click here

    To see the latest Products & Services Directory, click here

     

Exhibition

Birmingham 2020The next Drives & Controls Exhibition and Conference will take place in Birmingham, UK, from 21-23 April, 2020. For more information on the event, visit the Show Web site

Poll

"Do you think that robots create or destroy jobs?"

Newsletter
Newsletter

Events

Most Read Articles