Honeywell notifies Elster deal to EU
By Christiaan Nelisse ( October 9, 2015, 15:32 GMT | Insight) -- Honeywell International has notified its plan to buy Melrose Industries’ Elster unit to the European Commission for approval, MLex has learned. The target division makes gas, electric and water meters. The EU regulator is expected to set a Nov. 16 date to rule on the $5.1 billion deal.Honeywell International has notified its plan to buy Melrose Industries’ Elster unit to the European Commission for approval, MLex has learned....
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