Divestiture Oct 2016
Johnson Controls to spin off Adient automotive business
As part of the merger, Johnson Controls' automotive business is scheduled to spin off into an independent company, Adient, on Oct. 31.
“As previously announced, Johnson Controls’ automotive business is still on schedule to spin off into an independent company, known as Adient, on Oct. 31.”
Entities
Adient · Subsidiary Johnson Controls · Parent
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.