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Deal announced Apr 2016 Verified

Johnson Controls and Tyco to Merge

Johnson Controls, a global multi-industrial company, and Tyco, a global fire and security provider, announced a merger to create Johnson Controls plc, a global leader in building products and technology, integrated solutions, and energy storage. The combined company will have annual revenue of $32 billion and expects to close the transaction around September 30, 2016.

“Johnson Controls and Tyco to Merge A global industrial leader for safety, security and sustainability about the merger VALUE OF THE MERGER About the Merger Johnson Controls, a global multi-industrial company, will combine with Tyco, a global fire and security provider, to create Johnson Controls plc, a global leader in building products and technology, integrated solutions and energy storage.”

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HVACOther Sentiment: Positive

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