AECOM, based in Los Angeles, CA is a $4.2 billion global engineering services company providing professional technical and management support services to customers in the transportation, facilities, environmental and energy markets.
"The sale of Infrastructure Services is an important step in the ongoing refinement of our portfolio and is consistent with our strategy to divest certain non-core businesses," said Tyco Chairman and Chief Executive Officer Ed Breen.
During 2007, Tyco agreed to sell a Brazilian subsidiary of Infrastructure Services for approximately $295 million, a transaction expected to close in the current fiscal quarter.
Completion of the AECOM transaction is subject to customary closing conditions, regulatory approvals and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
For more information, please send your e-mails to swm@infothe.com.
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