Takata Sold to Key Safety Systems for $1.6 Billion

Several months after filing for bankruptcy protection, Takata has reached a final buyout deal. Key Safety Systems, a global supplier of auto safety parts, will acquire the troubled airbag company for $1.6 billion. As announced in a preliminary agreement back in June, KSS will gain “substantially all” of Takata’s assets. The deal excludes operations involving […]

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