Bosch $8B HVAC deal carries $8B price tag, expected to close in ~12 months

The purchase price for the acquired Johnson Controls and Hitachi HVAC businesses is $8 billion (7.4 billion euros), with closing expected in approximately 12 months subject to antitrust approval.

“The purchase price for the acquired businesses is 8 billion dollars (7.4 billion euros). The acquisition is expected to be closed in approximately 12 months.”

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