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Johnson Controls Inc to acquire Air Distribution Technologies for $1.6 bln


Wednesday, 16 Apr 2014 08:00am EDT 

Johnson Controls Inc:Reaches a definitive agreement with the Canada Pension Plan Investment Board to acquire its Air Distribution Technologies business, for about $1.6 bln.Acquisition is expected to close by the end of July.Johnson Controls was advised by Goldman Sachs on strategic and financial aspects and Cleary Gottlieb Steen & Hamilton as legal representatives for this transaction. 

Company Quote

48.45
-0.17 -0.35%
22 Aug 2014