Johnson Controls (JCI) has provided an update.
The Company has reached an agreement to sell its residential and light commercial HVAC business to Robert Bosch GmbH, as publicized in a recent press release. This strategic move, announced on July 23, 2024, is not only a significant shift for the company but also an important transaction within the industry, offering potential value to shareholders and sparking interest in the financial markets.
See more data about JCI stock on TipRanks’ Stock Analysis page.
