Byline: JAMES ROWLEY Bloomberg News
WASHINGTON -- General Electric Co.'s planned $44 billion purchase of Honeywell International Inc. will be cleared by U.S. antitrust enforcers, people familiar with the decision said. That may pressure European regulators, who oppose the transaction, to follow suit.
To win U.S. Justice Department approval, the companies agreed to divest production of a turbo-shaft helicopter engine used mainly for military aircraft and another that powers regional jet airliners seating between 70 and 100 passengers, the people said.
The disposals by GE, the No. 1 jet engine maker, and Honeywell would address U.S. concern that the …
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