UPDATE 1-Johnson Controls bids $1.25 bln for Visteon ops

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* JCI bids $1.25 bln for Visteon interiors, electronics * JCI CEO calls Visteon businesses 'a strategic fit' * Visteon customers, China JV partner in support * Visteon shares up more than 70 pct; JCI rises 1.3 pct DETROIT, May 21 (Reuters) - Johnson Controls Inc said it had offered $1.25 billion to buy the interiors and electronics businesses from bankrupt auto supplier Visteon Corp . A pairing of the two auto parts suppliers could have sales of $7 billion in China, the world's ...

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