If the merger were to be officially rejected Tuesday, GE could either challenge the decision in court or file a new application and start the process all over again, Torres said.
The 15-nation European Union must approve the deal between the US companies, just as regulators in the US regularly have to approve mergers between European companies.
In Friday afternoon trading, Honeywell shares fell dlrs 4.41, or 11.5 percent, to US$34.79 on the New York Stock Exchange, where GE shares rose US$0.97to US$49.84.
RSS