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Johnson Controls said Monday it plans to invest $445 million to double production capacity of its advanced car batteries in North America and also to build a new battery plant in China.
Automotive battery maker Clarios has filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering.. The former Johnson Controls battery unit did not disclose how ...
Johnson Controls International plc said Monday it is exploring the sale or spinoff of its Power Solutions automotive battery business. The company is the world’s largest manufacturer of ...
Johnson Controls International plc has agreed to sell its automotive battery business to a Canadian private equity firm and institutional investors, including an entity that manages public pension ...
Johnson Controls International PLC is selling its automotive-battery business to a group led by Brookfield Business Partners LP for $13.2 billion in cash, the company said Tuesday.
Apollo Global Management LLC and Brookfield Asset Management are among the final suitors vying for Johnson Controls International Plc’s power solutions business, which could fetch more than $12 ...
Ireland-based Johnson Controls International plc, which has its United States headquarters in Glendale, Wisconsin, has announced a definitive agreement to sell its Power Solutions business to ...
The stake is worth about $11 million and will enable Johnson Controls to use Aqua Metals’ environmentally friendly process for recovering lead from old batteries.
Power Solutions, which manufactures and distributes battery technology for vehicles, ... 2019. Johnson Controls shares are up 3.4% in Tuesday premarket trading, but down 10.3% for 2018 to date.
A spokesperson for Johnson Controls declined comment, saying the company division that formerly ran the battery recycling plant is now part of the Clarios Co. Brookfield Business Partners bought ...
The former Johnson Controls automotive battery business — now known as Clarios LLC — has taken a step toward an initial public offering that would separate it from the investment firms that ...
Clarios, the former automotive battery unit of Johnson Controls Inc., said on Wednesday it had confidentially filed paperwork with the U.S. Securities and Exchange Commission for an initial public ...
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