Home › Brookfield to buy Johnson Control's half of joint venture as part of new thrust
 

Keywords :   


Brookfield to buy Johnson Control's half of joint venture as part of new thrust

2015-01-23 15:21:39| Automakers - Topix.net

Brookfield Asset Management Inc. says it's planning to create a new global facilities management business, which will include a Canadian and Australian business that it has jointly owned with Johnson Controls Inc. Brookfield says it will pay US$200 million to buy the other half of the joint venture that it has had with Johnson Controls and then launch its new initiative on a large-scale in the United States and Europe. The company is a Toronto-based alternative asset manager that's focused primarily on real estate, renewable power generation and the forestry sector.

Tags: of part buy half

Category:Automotive

Latest from this category

All news
»
29.09Hurricane Isaac Graphics
29.09Hurricane Isaac Forecast Discussion Number 13
29.09Tropical Storm Joyce Graphics
29.09Hurricane Isaac Wind Speed Probabilities Number 13
29.09Hurricane Isaac Public Advisory Number 13
29.09Summary for Hurricane Isaac (AT5/AL102024)
29.09Tropical Storm Joyce Wind Speed Probabilities Number 7
29.09Tropical Storm Joyce Forecast Discussion Number 7
More »