Divestiture Jul 2007 Verified
Trane Spins Off Vehicle Control Systems Business as WABCO
Trane, then known as American Standard Companies, completed the spinoff of its Vehicle Control Systems business as an independent company named WABCO.
“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
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