GLONGHUI July 24 | German engineering giant Bosch (Bosch) announced the acquisition of the heating, ventilation and air conditioning (HVAC) business under Johnson Controls in the US and some assets of the Hitachi (Hitachi) joint venture in Japan, with a total transaction value of 8 billion US dollars. Johnson Controls said the deal is expected to bring in $6.7 billion in cash. The sale of assets includes 60% interest in a Japanese joint venture, while Hitachi holds the remaining 40% interest.
德国博世斥80亿美元收购美日合资空调业务
Bosch, the German company, invests 8 billion dollars to acquire the joint venture air conditioning business between the United States and Japan.
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