- United Technologies (UTX +0.4%) has launched the final round of an auction for its fire safety and security business, which could fetch ~$3B, Bloomberg reports.
- Offers from Apax Partners and PAI Partners, as well as a joint bid from Eurazeo SE and Rhone Capital, are under consideration, according to the report.
- The fire safety business makes sprinklers, smoke detectors and security cameras, and provides services such as training and maintenance.
Bloomberg: United Technologies selects bidders for $3B fire safety business
Recommended For You
More Trending News
Related Stocks
| Symbol | Last Price | % Chg |
|---|---|---|
| UTX | - | - |
| United Technologies Corporation | ||