Johnson Controls To Boost Profit Margins With $8.1B Bosch Deal
Johnson Controls To Boost Profit Margins With $8.1B Bosch Deal
Johnson Controls International plc (NYSE:JCI) shares are trading higher after the company agreed to sell its Residential and Light Commercial (R&LC) HVAC business to the Bosch Group.
江森自控國際有限公司（NYSE:JCI）股票在公司同意將其住宅和輕型商業（R＆LC）空調業務出售給博世集團後交易價格上漲。
The total transaction is valued at $8.1 billion, with Johnson Controls' share of around $6.7 billion.
總交易價值爲81億美元，江森自控的佔比約爲67億美元。
The transaction includes $4.6 billion for its North America Ducted business (16.7x fiscal 2023 EBITDA) and $2.1 billion for its stake in the Johnson Controls-Hitachi Air Conditioning joint venture (7.5x fiscal 2023 EBITDA) in which Johnson Controls holds a 60% stake, and Hitachi owns 40%.
本次交易包括46億美元用於其北美風管業務（16.7倍2023財年EBITDA）和21億美元用於其在江森自控-日立空調合資企業（7.5倍2023財年EBITDA）中所持有的股份（江森自控持有60％，日立擁有40％），“
Johnson Controls is projected to receive net cash proceeds of around $5.0 billion after taxes and transaction-related costs.
江森自控預計稅後和交易相關成本後的淨現金收入約爲50億美元。
Following its capital allocation policy, Johnson Controls plans to use the proceeds to reduce debt and maintain its investment-grade rating, with the remaining funds to be returned to shareholders.
按其資本分配政策，江森自控計劃使用剩餘資金還清債務並保持其投資級別評級，其餘資金將返還給股東。
The transaction is anticipated to enhance profit margins once it is adjusted for the effects of equity income.
將權益收益的影響調整後，本次交易預計將提高利潤率。
The transaction is anticipated to close in about 12 months, pending regulatory approvals and standard conditions, with the R&LC HVAC business to be reported as discontinued operations starting in Q4 2024.
預計本次交易將於約12個月內完成，待監管機構批准和達成標準條件，R＆LC HVAC業務將從2024年第四季度開始作爲已中止業務報告。
As part of its ongoing transformation and this transaction, the company is developing a restructuring plan to minimize post-close dilution, leveraging recent functionalization efforts and focusing on strengthening its commercial buildings solutions business.
作爲公司持續轉變和本次交易的一部分，公司正在制定一項重組計劃，以最小化收盤後的稀釋，利用最近的部門化努力並專注於加強其商業建築解決方案業務。
Johnson Controls expects third-quarter 2024 adjusted EPS to exceed its prior guidance slightly.
江森自控預計2024年第三季度調整後的每股收益將略高於之前的指導。
The company anticipates to report earnings on July 31.
該公司預計於7月31日公佈業績。
Investors can gain exposure to the stock via First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) and Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO).
投資者可以通過第一託管納斯達克清潔邊緣智能電網基金（NASDAQ:GRID）和碳集成氣候解決方案美國股票ETF（NASDAQ:CCSO）獲得該股的曝光。
Price Action: JCI shares are trading lower by 1.81% at $68.94 at the last check Tuesday.
截至本週二最後檢查，JCI股票下跌1.81％至68.94美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
- Activist Investor Elliott Acquires Major Stake In Johnson Controls: Report
- 激進投資者艾略特（Elliott）收購了江森自控的大量股份：報告
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譯文內容由第三人軟體翻譯。