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.

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.

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.

Ningbo Joyson Electronics, through its subsidiary KSS Holdings, signed a memorandum of understanding to acquire Takata Corporation's assets (excluding ammonium nitrate propellant business) for approximately $1.59 billion.

Key Safety Systems and Takata reached an agreement in principle for KSS to purchase substantially all of Takata's global assets and operations for $1.588 billion, excluding PSAN airbag inflator operations.

TransDigm Group acquired the stock of SCHROTH Safety Products GmbH and certain aviation and defense assets from Takata Corporation for approximately $90 million in cash, including Takata Protection Systems Inc., which will operate as SCHROTH.