UPDATE 1-Johnson, Bosch win EU approval to buy Delphi unit

Newswire

(Adds quotes, detail) BRUSSELS, June 30 (Reuters) - U.S. firm Johnson Controls and Germany's Robert Bosch won permission from the European Commission on Thursday to purchase Delphi Corp.'s car battery business in Europe. "The transaction does not raise competition concerns in the EEA (European Economic Area), or any significant part of it, as other large and capable players compete in the market," the Commission said in a statement. The EU executive granted permission for the purchase ...

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