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Johnson Controls completes sale of French unit

Milwaukee Johnson Controls Inc. has completed the sale of its engine electronic business to a French company, Valeo. Valeo is based in Paris and paid approximately 330 million euros ($433 million) for the business, headquartered in Pontoise, France, which manufactures components and electric systems for vehicle engines. Johnson Controls bought t......

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Source:wistechnology.com By WTN News 03/02/05


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