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Robert Bosch GmbH has agreed to buy Johnson Controls International's global HVAC business for residential and light commercial buildings in an all-cash deal valued at US$8.1 billion. The deal includes the air-conditioning joint venture between Johnson Controls and Hitachi.
“Robert Bosch GmbH has agreed to acquire Johnson Controls International's global heating, ventilation, and air-conditioning (HVAC) business for residential and light commercial buildings in an all-cash deal valued at US$8.1 billion.”pcwc.theasset.com
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