Every Spin-Off
Adient
ADNTCompletedSpin of Adient (ADNT) automotive unit
- Distribution date
- 31 Oct 2016
- Structure
- Spin-off
- Parent
- Johnson Controls (JCI)
- Spin-off ticker
- ADNT
- 2-year mark
- 31 Oct 2018
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
31 Oct 2016100%31 Oct 2018
Source documents
- Press releaseCompletion release (10/31/16)
- PresentationInvestor meeting presentation (11/16)
- Information statementInformation statement
Every Spin-Off research
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