Johnson Controls to Sell Scott Safety to 3M for $2 Billion; Maintaining Our $54 FVE
Less than a week after rumors surfaced that a deal was imminent, Johnson Controls announced it has signed a definitive agreement to sell its Scott Safety business to 3M for $2 billion. We expect the deal to close in the second half of calendar 2017. Scott Safety, a legacy Tyco business that was acquired with the recent Johnson Controls-Tyco merger, is a leader in respiratory protection products. Tyco acquired the Scott business in 2001 for $391 million; since then, the business has increased its...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.