3M's Planned Acquisition of Scott Safety Is Credit Positive
ISSUER COMMENT CORPORATES MARCH 23, 2017 3M’s Planned Acquisition of Scott Safety Is Credit Positive From Credit Outlook Last Thursday, 3M Company (A1 stable) said that it had agreed to acquire Johnson Controls International plc’s (Baa1 stable) Scott Safety subsidiary, a leading manufacturer of respiratory protection systems and other safety devices, for $2 billion. The planned acquisition, which
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