Tyco Fire-Safety Unit Plans Acquisitions After Split

Tyco International Ltd.’s security and fire-systems unit will look to make acquisitions when the business is spun off, said George Oliver, the president of the division.

Tyco, the Swiss conglomerate that plans to split into three publicly traded companies by the end of September, reported third-quarter earnings per share from continuing operations of $1.01, beating a 93 cent average of 15 analyst estimates compiled by Bloomberg.

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