Johnson Controls considers selling its automotive battery business

By Travis Horesh Conglomerate Johnson Controls has announced that it may sell its Power Solutions division, which provides batteries to the automotive sector.
“Creating shareholder value is our top priority,” said CEO George Oliver. “Our focus is on improving operational execution, realizing merger synergy and productivity benefits, and optimizing the business portfolio. Given the …read more

Source:: https://chargedevs.com/newswire/johnson-controls-considers-selling-its-automotive-battery-business/