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AZB acts on India leg of Johnson Controls sale to Brookfield

(Reuters) - Johnson Controls International Plc (JCI.N) said on Tuesday it would sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners L.P., in a cash deal valued at $13.2 billion.

AZB & Partners advised Johnson Controls Inc. led by a team of partners Ajay Bahl, Sachin Mehta, Akansha Aggarwal, and associates Nikhil Bahl and Aakarsh Narula.


Primary jurisdiction of deal: UK

Deal value: $13200m / INR 941400m

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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