Brussels, 10/05/2007 (Agence Europe) - On 10 May, the European Commission approved the acquisition of the automotive battery business of the Italian FIAMM group by VB Autobatterie GmbH of Germany. The approval decision is subject to conditions that remedies to competition concerns are also implemented.
VB Autobatterie GmbH (the automotive starter battery joint venture of Johnson Controls Inc. of the United States and the German Robert Bosch GmbH) notified its planned acquisition of the...