Brookfield Asset Management to Purchase JCI Interest in Joint Ventures

Brookfield Asset Management will purchase Johnson Controls' interest in the Brookfield Johnson Controls Canada and Brookfield Johnson Controls Australia/NZ joint ventures, with estimated proceeds of $200 million expected in Q2 2015.

“Brookfield Asset Management to purchase JCI interest in Brookfield Johnson Controls Canada (BJCC) and Brookfield Johnson Controls Australia/NZ (BJCA) joint ventures; estimate proceeds of $200M in Q2”

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