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?
If only the track is nationalised then it is an emasculated one with limited function and improvements will be focused on existing commuter and large...