8-KOther EventsExhibits & Filings

Johnson Controls International plc 8-K Report, Corporate Update (Jan 25, 2016)

Filed January 25, 2016For Securities:JCI

Summary

This 8-K filing from Johnson Controls International plc (JCI) on January 25, 2016, primarily serves to announce and provide access to a Joint Press Release and an Investor Presentation. These documents detail a significant business combination between Johnson Controls, Inc. and Tyco International plc, structured as a tax-efficient inversion transaction. The merger is expected to create a global leader in building technologies and solutions, combining JCI's strength in building automation, HVAC, and energy solutions with Tyco's expertise in fire and security solutions.

Key Highlights

  • 1Announcement of a merger of equals between Johnson Controls, Inc. and Tyco International plc.
  • 2The transaction is structured as a tax inversion, with the combined entity to be domiciled in Ireland (Johnson Controls International plc).
  • 3The combined company aims to be a global leader in building technologies and solutions.
  • 4The merger is expected to result in significant synergies and operational efficiencies.
  • 5The filing includes a Joint Press Release (Exhibit 99.1) and an Investor Presentation (Exhibit 99.2) for further details on the transaction and its strategic rationale.
  • 6Judith A. Reinsdorf, Executive Vice President and General Counsel for Tyco International plc, signed the filing on behalf of the registrant.

Frequently Asked Questions

The main purpose of this filing is to officially announce and provide key documents, a Joint Press Release and an Investor Presentation, related to the merger of Johnson Controls, Inc. and Tyco International plc.

The merger is structured as a tax inversion, where Johnson Controls, Inc. will combine with Tyco International plc, and the new combined entity will be domiciled in Ireland under the name Johnson Controls International plc. This structure is intended to provide tax efficiencies.

The combined entity is expected to be a global leader in building technologies and solutions, integrating Johnson Controls' strengths in building automation and HVAC with Tyco's fire and security expertise.

More detailed information can be found in the accompanying exhibits filed with this 8-K: Exhibit 99.1 (Joint Press Release) and Exhibit 99.2 (Investor Presentation).