Majority stake Announced Jan 2016 Closed Sep 2016
Tyco International and Johnson Controls Merger Announced
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Parties
Parties
Market signals
Market signals
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
Tyco International and Johnson Controls announced a merger deal, discussed at the Cowen Aerospace/Defense Conference. The CEOs of both companies detailed the strategic rationale, including combining Tyco's fire and security leadership with Johnson Controls' building controls and HVAC leadership to capitalize on smart building trends.