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Ningbo Joyson Electronics signed a definitive agreement to acquire all of Takata's business for up to $1.588 billion, excluding PSAN airbag inflators. The deal is expected to complete in Q1 2018.
“On November 21, Ningbo Joyson Electronics announced that it have signed a definitive agreement with Takata Corporation.”autonews.gasgoo.com
Summarized from public sources; check the original articles before acting on it.