GE's acquisition of Honeywell might changed

Honeywell, US aviation equipment manufacturer, plans to write off for improving productivities and competition, which set variation for former agreement with GE for acquisition. Spokesman did not reveal the sum for writing off and other details. The company said in a document that they were working out detail plans to improve productivity, competition and profit-making ability and it was necessary to write off the cost of the plan in Q1.

Related stock : (NIL)