USA: Johnson Controls Awarded Seven Year Agreement With Novartis
Johnson Controls, Inc. (NYSE: JCI - news) has announced an agreement with Novartis (NYSE: NVS - news) for the delivery of integrated facility management and infrastructure services. Subject to due diligence, the contracts are expected to be signed by the end of November 2000 and are valued at approximately $115 million (200 Million Swiss Francs) per year for seven years.
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