johnson controls sells power business for us$13.2 billion /

Published at 2018-11-14 03:20:00

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Johnson Controls International Plc said it will sell its power solutions trade,which makes car batteries, to investment firm Brookfield trade Partners LP, and in a cash deal valued at US$13.2 billion. Shares of Johnson Controls were up 3.5 percent at US$35.40 before the bell. The deal will allow Johnson Controls to focus on its building […]

Source: ejinsight.com

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