Key Safety Systems to acquire substantially all of Takata's assets for $1.588B

Key Safety Systems (KSS) has signed a definitive agreement to acquire substantially all of Takata's global assets and operations for $1.588 billion. The deal excludes Takata's PSAN airbag inflator operations.

“Key Safety Systems ('KSS'), a global leader in mobility safety headquartered in Sterling Heights, Michigan, USA, and Takata Corporation ('Takata'), a leading global supplier of automotive safety systems such as seat belts, airbags and child seats, based in Tokyo, Japan, announced today that they hav”prnewswire.com

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• prnewswire.comKSS To Acquire Substantially All Of Takata's AssetsKey Safety SystemsNov 21, 2017

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