BULLETIN: Tyco International Ltd. to Acquire Simplex Time Recorder Co. - S&P Global Ratings’ Credit Research

BULLETIN: Tyco International Ltd. to Acquire Simplex Time Recorder Co.

BULLETIN: Tyco International Ltd. to Acquire Simplex Time Recorder Co. - S&P Global Ratings’ Credit Research
BULLETIN: Tyco International Ltd. to Acquire Simplex Time Recorder Co.
Published Dec 04, 2000
Published Dec 04, 2000
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About This Report

  
Abstract:

Corporate Credit Rating A-/Stable/A-2 Standard&Poor's said today that Tyco International Ltd.'s planned acquisition of Simplex Time Recorder Co.--a privately held manufacturer of fire and security products--for $1.15 billion in cash ,will have only a modest impact on Tyco's business and financial profile, and will not result in any change to the ratings or outlook on the company. This acquisition brings complementary products, recurring revenues, and opportunities for cost savings.

  
Report Type:

News

Ticker
TYC
Issuer
Johnson Controls International PLC
GICS
Building Products (20102010)
Sector
Global Issuers
Country
Ireland
Region
Europe, Middle East, Africa
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Tyco International Ltd. to Acquire Simplex Time Recorder Co." Dec 04, 2000. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Tyco-International-Ltd-to-Acquire-Simplex-Time-Recorder-Co-174320>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Tyco International Ltd. to Acquire Simplex Time Recorder Co. Dec 04, 2000. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Tyco-International-Ltd-to-Acquire-Simplex-Time-Recorder-Co-174320>
  
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