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    Delphi and Continental AG bid for Johnson Control's auto electronics unit

    April 24, 2013
    Unit sells infotainment systems, instrument clusters and electronics that control door locks and monitor tire pressure.

    Delphi Automotiveand Continental AG both bid for Johnson Controls' automotive electronics unit, which may fetch about $1.2 billion, said people familiar with the matter, according to Bloomberg News. Read about the bids.

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