Johnson Controls Wins U.S. Nod on Tyco Merger

July 25, 2016, 11:34 PM UTC

Johnson Controls Inc. said it will close its planned $16 billion merger with Tyco International Plc on Sept. 2, having cleared U.S. antitrust review for the deal.

The merger has also received clearance in the European Union and in China, a spokesman for Johnson Controls told Bloomberg BNA.

Johnson Controls and Tyco had planned to close at the end of October. The antitrust clearances allow the two companies to accelerate their closing on the heels of planned Aug. 17 shareholder votes for both companies.

The merged company will be headquartered in Ireland following a tax inversion expected to create at ...

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