Bosch to buy US firm’s air conditioning business

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Bosch to cut 3,500 jobs in home appliances unit: statement

Germany’s Bosch said Tuesday it planned to buy heating, ventilation and air conditioning assets from Johnson Controls International, in an $8-billion acquisition it called “the biggest” in the group’s history. The deal will help Bosch “achieve a globally leading position in the promising HVAC market” and give it “a better balance” in its portfolio, CEO […]

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