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Stock impact report

Johnson Controls (JCI) Inks Deal to Sell Air Distribution Unit [Yahoo! Finance]

Johnson Controls International plc Ordinary Share (JCI) 
Last johnson controls international plc ordinary share earnings: 5/1 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.johnsoncontrols.com
Company Research Source: Yahoo! Finance
JCI's Air Distribution Technologies business is well known for its innovative air distribution and ventilation solutions for residential and non-residential buildings. Johnson Controls' shares inched down 0.3% yesterday, ending the trading session at $69.10. Based in Los Angeles, Truelink Capital is a middle-market private equity company that primarily invests in tech-enabled services and industrials sectors. Inside the Headlines The deal involves the sale of several brands like Ruskin, Koch Filter, Kreuger, Titus, PennBarry and Tuttle & Bailey, and the product lines of grilles, terminal units, registers and diffusers, louvers and others. Truelink Capital will acquire several production facilities of Air Distribution Technologies, based in the United States, Thailand, Mexico, India and the United Arab Emirates. Notably, the Johnson Controls and Enviro-Tec brands are not part of the transaction. This divestment agreement is in sync with the company's business transformation s Show less Read more
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