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Johnson Controls moves closer towards diversification target

Johnson Controls (JCI) has taken another key step forward in its efforts to diversify from the automotive segment. The supplier has announced plans to buy Air Distribution Technologies for US$1.6bn from the Canada Pension Plan Investment Board, a leading pension fund manager. It’s time to log in (or subscribe). Not a member? Subscribe now and … Continued

Johnson Controls (JCI) has taken another key step forward in its efforts to diversify from the automotive segment. The supplier has announced plans to buy Air Distribution Technologies for US$1.6bn from the Canada Pension Plan Investment Board, a leading pension fund manager.

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