21/12/2005 (Agence Europe) - The European Commission has granted clearance to the acquisition of joint control of a newly created company constituting a joint venture by Johnson Controls Inc (JCI) of the US and Saft Groupe SA (SAFT) of France. JCI is active in automotive and building control systems. SAFT's business activities are industrial and speciality batteries. The joint venture will concern batteries for hybrid and electrical vehicles. The operation was examined under the simplified...