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Johnson Controls hit a last-minute snag in the sale of its automotive-battery business to Brookfield Asset Management, and Apollo Global has been invited to rebid.
Johnson Controls (JCI) is a 135 year old brand that is well positioned to become the dominant player in this market. Their management is quickly evolving the business from its legacy roots in ...
Johnson Controls could sell or spin off its battery business as part of the industrial company’s plan to strengthen its core building technology offerings.
Tuesday, that plan was completed with news that commercial real estate and investment firm CBRE Group is set to buy Johnson Controls' office management business for $1.475 billion.
The Johnson Controls Enterprise Management technology is currently used in more than 1,300 buildings globally (including large banks and data centers), with the Asia-Pacific region accounting for some ...
According to a report from Bloomberg News, activist investor Elliott Investment Management has built an over $1 billion ownership stake in Johnson Controls.
Through this contract Johnson Controls is helping GSK achieve its strategic priority of "simplifying the operating model" by delivering services that are responsive to changes in GSK's business model.