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United Technologies (UTX) agrees to sell its Hamilton Sundstrand industrial products businesses...
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Wednesday, July 25, 2012, 7:27 PM ETUnited Technologies (UTX) agrees to sell its Hamilton Sundstrand industrial products businesses to BC Partners and The Carlyle Group (CG) for $3.46B. UTX put the pump unit on the block, along with three other non-core assets, as part of a plan to repay a portion of the short-term debt incurred to finance its $16.5B acquisition of Goodrich Corporation (GR).
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