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 […]
The post Takata Sold to Key Safety Systems for $1.6 Billion appeared first on Motor Trend.