Johnson Controls International — Tyco International — Merger or Acquisition (March 2014)

6 slides from Johnson Controls International's merger presentation, Mar 4, 2014

Slide 1: Divestiture of ADT Korea
Exhibit 99.3 Divestiture of ADT Korea 3 / March / 2014
Slide 2: Forward-Looking Statements / Safe Harbor
Forward-Looking Statements / Safe Harbor This presentation contains a number of forward-looking statements. In many cases forward-looking statements are identified by words, and variations of words, such as "anticipate", "estimate", "believe", "continue", "could", "intend", "may", "plan", "potential
Slide 3: ADT Korea
ADT Korea Leading provider of ($ in millions) FY13 FY14E advanced security solutions in South Korea Revenue* ~$560 ~$600 Operating Margin ~21% ~21% 475,000 customers EBITDA Margin** ~30% ~30% • Small-and-medium sized businesses CAPEX ~$115 ~$130 • Commercial • Residential Commercial Residential Guar
Slide 4: Transaction Summary
Transaction Summary // Transaction Details Transaction • Sale of 100% of ADT Korea* to The Carlyle Group • $1.93 billion in cash Consideration • Net proceeds expected to be $1.85 billion Expected Closing • Fiscal third quarter 2014 • Historical financials will be re-cast to report business in Accoun
Slide 5: Guidance Update
Guidance Update Impact of sale on EPS from continuing operations* guidance: Fiscal Q2 Guidance Prior Guidance $0.44 - $0.46 South Korea Security Business ($0.05) Re-class To Discontinued Operations TOTAL $0.39 - $0.41 Update on full year guidance for 2014 will be provided during April’s quarterly ea
Slide 6: Slide 6