Simpson Thacher Leads Johnson Controls In $13.2B Unit Sale

By Chelsea Naso (November 13, 2018, 10:42 AM EST) -- Johnson Controls, advised by Simpson Thacher & Bartlett LLP, said Tuesday it will sell its power solutions business for $13.2 billion to Brookfield Business Partners LP and other investors, as the technology and industrial company looks to cut noncore assets and improve its financial position....

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