Johnson Controls Completes Acquisition of Li-ion Automotive Battery Joint Venture

MILWAUKEE, Sept. 30, 2011 /PRNewswire/ -- Johnson Controls, Inc., (NYSE: JCI) and Saft (Euronext: SAFT) have closed on the agreement to end their joint venture, Johnson Controls-Saft, which was formed in 2006 to develop and manufacture Li-ion vehicle batteries. Under the terms of the...