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Divestiture Jul 2015 Verified

GWS Sale Expected to Close in Q4 Fiscal 2015

Johnson Controls expects the sale of its Global Workplace Solutions (GWS) business to close in the fourth quarter of fiscal 2015, with anticipated net proceeds of approximately $1.3 billion.

“GWS sale expected to close Q4 fiscal 2015”

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Other Sentiment: Neutral

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.