Technology | 2015.09.08
Allegion to Divest Bocom Wincent
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, has signed, through two of its subsidiaries, a definitive agreement to sell a majority stake in Bocom Wincent Technologies Co., Ltd. (Bocom Wincent). American Industrial Acquisition Corporation (AIAC), through an affiliate, is purchasing the majority stake. Bocom Wincent operates a security system integration business exclusively in China and delivered 2014 revenue and operating inc
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