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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.
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 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.