United Technologies Corp., continuing to broaden its security business and expand its presence in China, said Sunday it has made an offer to buy Diebold Inc. for $2.63 billion (euro1.73 billion).
United Technologies, parent company of jet engine-maker Pratt & Whitney, Otis elevator and Sikorsky Aircraft, said it made the unsolicited offer Friday after trying to negotiate a deal with Diebold for two years.
Diebold, based in Canton, Ohio, makes ATMs, business security systems and voting machines.
The $2.63 billion (euro1.73 billion) purchase price represents United Technologies' offer of $40 (euro26.37) per outstanding share, about two-thirds …

No comments:
Post a Comment