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US: Johnson Controls acquires stake in Azure Dynamics

Azure Dynamics has announced that it has entered into an agreement with a wholly-owned Canadian subsidiary of Johnson Controls (JCI), whereby the Canadian company has agreed to purchase, on a private placement basis, 21,080,000 common shares of Azure at a price of CA$0.30 per common share, resulting in gross proceeds Subscribe to Automotive World to … Continued

Azure Dynamics has announced that it has entered into an agreement with a wholly-owned Canadian subsidiary of Johnson Controls (JCI), whereby the Canadian company has agreed to purchase, on a private placement basis, 21,080,000 common shares of Azure at a price of CA$0.30 per common share, resulting in gross proceeds

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https://www.automotiveworld.com/articles/82383-us-johnson-controls-acquires-stake-in-azure-dynamics/

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