Ningbo Joyson Electronic shows interests in acquiring Takata  [ China ]

It has been reported that Ningbo Joyson Electronic Corporation is interested in acquiring Takata Corporation. Takata is facing financial crisis with as many as 100 million vehicles being recalled worldwide due to its faulty airbags. Takata's market value has fallen more than 45 percent since before the recalls, down to USD 327 million, reportedly creating a good buying opportunity. (From news r...
<Jun 04, 2016>