United Tech to sell units to BC, Carlyle for $3.5B

Published July 26, 2012 1:27am ET



HARTFORD, Conn. (AP) — United Technologies Corp. said Wednesday that is selling three industrial-products businesses for $3.46 billion as it seeks to fund its proposed acquisition of aerospace-parts maker Goodrich Corp.

The three units of United Technologies’ Hamilton Sundstrand division are being bought by private-equity firms BC Partners and The Carlyle Group.

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