Planned Spin-off of Adient

As part of the merger integration, Johnson Controls plans to spin off its automotive seating business, Adient, approximately one month after the deal closes.

“making sure that the spin of Adient is on track with their plans, which it is. So we are positioned to be able to meet our Day 1 Plan of the combination on October 1 and then, about a month after that, be positioned to be able to spin out Adient.”

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