PEMBROKE, Bermuda, April 20 /PRNewswire-FirstCall/ -- Tyco
International Ltd. (NYSE: TYC; BSX: TYC) announced today that it has filed
amended Form 10 and S-1 documents with the U.S. Securities and Exchange
Commission (SEC) related to its upcoming separation into three independent,
publicly-traded companies.
Tyco expects the offerings described in the registration statements,
along with the final separations, to be completed by the end of second
calendar quarter of 2007. However, the exact timing of the separation will
be dependent on the effective date of the registration statements and final
approval by Tyco's Board of Directors of the tax free stock dividends for
Tyco Electronics and Tyco Healthcare, now known as Covidien, to
shareholders owning Tyco stock as of the record date.
ABOUT TYCO INTERNATIONAL
Tyco International Ltd. is a global, diversified company that provides
vital products and services to customers in four business segments:
Electronics, Fire & Security, Healthcare, and Engineered Products &
Services.
OTHER INFORMATION
The Registration Statements relating to these securities have been
filed with the SEC, but have not yet become effective. These securities may
not be sold, nor may offers to buy be accepted, prior to the time the
registration statements become effective. Prospectus information may be
obtained from Edward Arditte, Senior Vice President of Strategy & Investor
Relations, Tyco International, 2nd Floor, 90 Pitts Bay Road, Pembroke HM
08, Bermuda.
SOURCE Tyco International Ltd.
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Related links: http://www.tyco.com
http://www.prnewswire.com/comp/897850.html/
CONTACT: Media Relations, Sheri Woodruff, +1-609-720-4399, swoodruff@tyco.com , Tyco International, Investor Relations, Ed Arditte, +1-609-720-4621, Karen Chin, +1-609-720-4398, Tyco Electronics, Investor Relations, John Roselli, +1-610-893-9559, Keith Kolstrom, +1-717-986-7689, Tyco Healthcare, Investor Relations, Cole Lannum, +1-508-452-4343, Wayde McMillan, +1-508-452-4387
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