Johnson Controls Plans Adient Automotive Spin-Off Post-Merger

Johnson Controls' plan to spin off its automotive seating and interiors business, Adient, remains unchanged and will occur after the merger with Tyco is completed, expected at the beginning of fiscal year 2017.

“Lastly, our plan at Johnson Controls to spin off Adient which is our automotive experience business remains unchanged. The spinoff of Adient will occur post-merger and is expected to be completed at the beginning of fiscal year 2017.”

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