- Johnson Controls (JCI) has agreed to acquire Air Distribution Technologies from Canada Pension Plan Investment Board for $1.6B.
- Johnson Controls says the deal complements its existing heating, ventilation and air conditioning offerings. It also reflects the company's "commitment to invest in the buildings business as a growth platform."
- Shares are +1.1% premarket. (PR)
From other sites
at 4-traders.com (Mar 24, 2015)
at MarketWatch.com (Mar 5, 2015)
at Nasdaq.com (Mar 3, 2015)
at Investor's Business Daily (Jan 22, 2015)
at Benzinga.com (Jan 13, 2015)
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