Majority stake Announced Jan 2016 Closed Oct 2016 Verified
Johnson Controls and Tyco enter definitive merger agreement
Relationship map
Parties
Parties
Market signals
Market signals
Deal value$3.9B reported cash consideration · approximateas reported by achrnews.com
Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Johnson Controls and Tyco announced a definitive merger to create a leading provider of HVAC, controls, fire, security and power solutions, with Johnson Controls shareholders owning ~56% and receiving ~$3.9 billion in aggregate cash consideration.