Adient Spin-off from Johnson Controls

As part of the merger context, it is noted that Johnson Controls had already planned to spin off its automotive business, Adient, from its portfolio. This divestiture is separate from but concurrent with the Tyco merger.

“This is post the Adient spin so you all are aware Adient is the automotive business that was already planned to spin out of the JCI portfolio.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.