3 major companies show interest in Johnson Controls' heating and ventilation assets worth up to $5B.

Lennox International, Robert Bosch GmbH, and Samsung Electronics are reportedly interested in Johnson Controls International's heating and ventilation assets, which could be worth up to $5 billion. Johnson Controls is in the early stages of evaluating potential buyer interest. The portfolio includes a 60% stake in Johnson Controls-Hitachi Air Conditioning, a joint venture with Hitachi Ltd.

March 23, 2024
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