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Deal closed May 2016 Verified

Expected Merger Close and Adient Spin-off Timeline

The merger between Johnson Controls and Tyco is expected to close on October 1, 2016, with the Adient spin-off following on October 31, 2016. Shareholder meetings are tentatively scheduled for late July or early August.

“we are looking to close on October 1 and on October 31, Adient will be spun off.”

Entities

HVACOther Sentiment: Positive

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.