PENN CENTRAL &lt;PC> SELLS U.K. UNIT

  SAFT, a unit of Cie Generale
  d'Electricite of France, said it bought U.K.-based Alcad Ltd
  from Penn Central Corp's Marathon Manufacturing Cos Inc.
      Terms of the deal were not disclosed.
      Alcad is one of the world's largest producers of
  pocket-plate nickel-cadmium storeage batteries, used in
  industrial and railroad applications to start engines and as
  light sources, SAFT said.
      SAFT said it expects to add 400 jobs at the U.K.
  operations.
  

