Summary
This 8-K filing from Johnson Controls International plc (JCI), filed on August 15, 2001, primarily serves to include financial information related to Tyco International Ltd.'s acquisition of The CIT Group, Inc. (CIT). JCI itself is not directly involved in the transaction described, but rather, the filing incorporates previously reported information and exhibits related to this significant acquisition by Tyco. Investors should note that the core financial data presented originates from CIT's filings and pro forma information combining Tyco and CIT. The filing includes unaudited consolidated financial statements for CIT as of June 30, 2001, and December 31, 2000, along with comparative six-month data for 2001 and 2000. Additionally, it provides pro forma combined financial information for Tyco and CIT for the nine months ended June 30, 2001, and the fiscal year ended September 30, 2000. This information is provided for context regarding a major industry transaction, even though JCI is not the acquirer.
Key Highlights
- 1The filing includes unaudited consolidated financial statements for The CIT Group, Inc. (CIT) as of June 30, 2001, December 31, 2000, and for the six-month periods ended June 30, 2001 and 2000.
- 2Unaudited pro forma combined financial information for Tyco International Ltd. and CIT is presented for the nine months ended June 30, 2001, and the year ended September 30, 2000.
- 3Tyco International Ltd. acquired The CIT Group, Inc. on June 1, 2001, and is accounting for the transaction as a purchase.
- 4The financial statements and pro forma information were filed as exhibits to this JCI 8-K.
- 5This filing does not announce new events or strategic initiatives by Johnson Controls International plc.
- 6The primary purpose of this filing is to incorporate existing financial data related to the Tyco/CIT transaction, as per previous reporting requirements.