Sunday, January 24, 2016

Johnson Controls and Tyco negotiate their possible merger – EntornoInteligente

Expansion / The operation could reach a value of 20,000 million dollars, according to The Wall Street Journal today.

The US company Johnson Controls is in talks with Irish Tyco International for a merger of their businesses.

According to sources familiar with the operation, it is possible that the details are disclosed on Monday.

Johnson Controls, based in the US city of Milwaukee, is an industry group that includes the production of components for the automotive and air conditioning.

Tyco International, based Ireland and US headquarters in New Jersey, focuses on industrial safety and fire protection.

The Journal, Johnson Controls, he says with a market capitalization of 23,000 million, it intends to expand its line of business in other areas.

From the operation closed, would be the biggest facing the firm in its century of existence.

The sources cited by the Journal argue that CEO of Johnson Controls, Alex Molinaroli, is responsible for directing the combined company if you get to complete the operation, which does not have details.

Johnson Controls and Tyco negotiate their possible Fusion

Information Expansión

http://entornointeligente.com/articulo/7760931/Johnson-Controls-y-Tyco-negocian-su-posible-fusion

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