Ningbo Joyson Electronic acquires assets of Takata Corporation

The Philippine Competition Commission cleared Ningbo Joyson Electronic Corporation's acquisition of substantial assets in Takata Corporation. The deal includes Takata's Philippine subsidiary, which operates a plant in Biñan, Laguna manufacturing airbag fabric and seatbelt webbing.

“The Philippine Competition Commission (PCC) has cleared Ningbo Joyson Electronic Corporation in its acquisition of substantial assets in Takata Corporation.”asean-competition.org

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• asean-competition.orgRead News PCC approves Ningbo Joyson Electronic Corp.’s buyout of assets in Takata Corporation ASEAN CompetitionFeb 28, 2018

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