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Divestiture Jul 2007 Verified

Trane Spins Off Vehicle Control Systems Business as WABCO

Trane completed the spinoff of its Vehicle Control Systems business as an independent company, WABCO, on July 31, 2007, as part of its separation plan.

“On July 31, 2007, the company completed the spinoff of its Vehicle Control Systems business as an independent company known as WABCO (NYSE:WBC).”

Entities

Trane Inc. · Parent WABCO · Subsidiary
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.