US: JCI/Visteon – no active discussions

In an interview with Reuters, the Johnson Controls (JCI) chief financial officer, Bruce McDonald, has acknowledged that the company's bid for the majority of Visteon's electronics and interiors businesses is based on limited information and that the target assets probably have more value than can been seen in public documents. Subscribe to Automotive World to … Continued

• By Webmaster
• June 11, 2010