Johnson Controls is to acquire York, the global supplier of heating, ventilating, air-conditioning and refrigeration equipment and services.
Under a definitive agreement unanimously approved by the Boards of Directors of both companies, Johnson Controls will acquire the company in an all-cash transaction in which
The total value of the acquisition is anticipated to be approximately $3.2 billion, including the assumption of approximately $800 million of
Johnson Controls anticipates the transaction will close in December 2005, subject to customary closing conditions that include regulatory approvals and
Poll: Should the UK’s railways be renationalised?
The term innovation is bandied about in relation to rail almost as a mantra. Everything has to be innovative. There is precious little evidence of...