AIRSHOW-Hamilton Sundstrand says not looking to buy Zodiac

ZHUHAI, China, Nov 17 (BestGrowthStock) – Hamilton Sundstrand Corp, a
unit of United Technologies Corp (UTX.N: ), said on Wednesday that
it has no plan to acquire France’s Zodiac Aerospace SA (ZODC.PA: ).

Asked whether Hamilton was interested in buying Zodiac,
President Alain Bellemare said: “This is speculation. We are not
at all looking at this … pure speculation.”

He was speaking to Reuters on the sidelines of the China
Airshow.

Hamilton, which supplies multiple systems for Boeing Co’s
(BA.N: ) new 787 Dreamliner, is still working with Boeing to
investigation of the cause of an electrical fire that grounded
test flights of the aircraft.

Boeing Co (BA.N: ) said failure of an electrical panel caused a
fire in surrounding insulating material, leading to an emergency
landing on Tuesday of one of the new Dreamliners.
(Reporting by Alison Leung; Editing by Chris Lewis)

AIRSHOW-Hamilton Sundstrand says not looking to buy Zodiac