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Johnson Controls buys out Indian JV partner

Johnson Controls has completed its acquisition of Tata Automotive Components' (TACO) stake in their joint venture, Tata Johnson Controls (TJC). The company will now become a wholly-owned subsidiary of Johnson Controls. Both suppliers have declined to provide financial details pertaining to this acquisition. However, while reporting its 2013 fiscal second quarter Subscribe to Automotive World … Continued

Johnson Controls has completed its acquisition of Tata Automotive Components' (TACO) stake in their joint venture, Tata Johnson Controls (TJC). The company will now become a wholly-owned subsidiary of Johnson Controls. Both suppliers have declined to provide financial details pertaining to this acquisition.

However, while reporting its 2013 fiscal second quarter

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https://www.automotiveworld.com/articles/johnson-controls-buys-out-indian-jv-partner/

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