Deal Snapshot
Who Would Buy Takata’s Air Bag Business?
Ningbo Joyson, for $1.6 billion, as China pushes to become a serious car maker. Here’s a snapshot of the deal.
Takata Corp. Chief Executive Officer Shigehisa Takada.
Photographer: Yu Nakajima/Kyodo News via AP
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Deal Snapshot provides a pithy summary of a significant corporate acquisition, sale, or transaction. This week: a look at the Chinese automotive company that’s using its purchase of troubled Takata to further its global ambitions.
Buyer: Ningbo Joyson Electronic Corp., Chinese auto parts manufacturer
Price: $1.6 billion