Deal closed Oct 2016 · Cork, Ireland Verified
Johnson Controls and Tyco complete merger
Johnson Controls completed its merger with Tyco, combining building efficiency and fire/security solutions into a $30 billion revenue company, with planned spinoff of the Adient automotive business.
“a newly formed Johnson Controls Inc. (NYSE: JCI) begins operations following the successful completion of its merger with Tyco, marking a historic turning point for both companies.”
Entities
Johnson Controls · Acquirer Tyco · Target
HVAC Sentiment: Positive
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