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Johnson Controls to Sell Building Management Unit

Unit Manages More than 1.8 Billion Square Feet of Corporate Real Estate Worldwide
CoStar News
September 30, 2014 | 7:38 P.M.

In a move to refocus on its core manufacturing and engineering business, Johnson Controls (NYSE: JCI) today announced it plans to divest its Global Workplace Solutions (GWS) division, a $4.3 billion business which provides on-site management of corporate real estate and energy management for large companies around the world.

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