Regulatory and Financing Progress for Tyco-JCI Merger

The merger has received HSR approval in the US and is seeking other global regulatory approvals. Debt financing for the cash consideration component is secured and ready to execute upon close.

“We received HSR approval in the US, and we are if the process of obtaining approval with all necessary regulatory authorities around the globe. Additionally, the debt financing related to the cash consideration component of the transaction is in place.”

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