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Divestiture Feb 2008 Verified

Tyco International to sell Infrastructure Services business to AECOM for $510M

Tyco International Ltd. subsidiaries entered into a definitive agreement to sell substantially all of the company's Infrastructure Services business to AECOM Technology Corporation for approximately $510 million.

“On February 11, 2008, certain subsidiaries of Tyco International Ltd (the “Company”) entered into a definitive agreement to sell substantially all of the Company’s Infrastructure Services business to AECOM Technology Corporation for approximately $510 million.”

Entities

AECOM Technology Corporation · Acquirer Tyco International Ltd. · Target
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.