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TKTDY

Takata

$0.00

(0.00%)

05:39
04/12/18
04/12
05:39
04/12/18
05:39

Key Safety Systems completes acquisition of Takata assets

A consortium led by its parent Ningbo Joyson Electronic Corporation and PAG, an Asia based private equity firm and Future Industry Investment Fund provided the funding to Key Safety Systems to successfully complete the acquisition of substantially all of the global assets of Japan-based Takata Corporation, a global supplier of vehicle safety systems including seat belts, airbags, steering wheels and child seats as well as other automotive products, out of cross-border bankruptcies in the United States and Japan. Takata's liabilities associated with the recall of phase-stabilized ammonium nitrate airbag inflators and other liabilities were not acquired by KSS. The combined company will be rebranded Joyson Safety Systems and be headquartered in Auburn Hills, Michigan, USA. The purchase agreement announced on November 21, 2017 was subject to a number of closing conditions, all of which have now been met, including antitrust clearance and bankruptcy court approvals in multiple countries. KSS has now successfully acquired substantially all of Takata's assets, except for certain assets related to the manufacturing and sale of phase-stabilized ammonium nitrate airbag inflators.

TODAY'S FREE FLY STORIES

SPX

S&P 500

$0.00

(0.00%)

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IRM

Iron Mountain

$33.46

-0.38 (-1.12%)

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Iron Mountain initiated  »

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TOWR

Tower International

$29.99

0.51 (1.73%)

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Breaking Hot Stocks news story on Tower International »

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CLVS

Clovis

$16.51

-0.23 (-1.37%)

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Clovis issued second U.S. patent covering rucaparib »

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BE

Bloom Energy

$14.50

-1.54 (-9.60%)

08:10
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Conference/Events
Bloom Energy has a conference call hosted by JPMorgan »

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PME

Pingtan Marine Enterprise

$2.35

-0.05 (-2.08%)

08:09
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Pingtan Marine Enterprise announces three new vessels sailed to sea »

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NMRD

Nemaura Medical

$1.87

0.01 (0.54%)

08:09
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Nemaura Medical signs exclusive license agreement with Al Danah Medical »

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EQBK

Equity Bancshares

$37.02

-0.7 (-1.86%)

08:08
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Initiation
Equity Bancshares initiated  »

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ESND

Essendant

$12.68

-0.02 (-0.16%)

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Staples' affiliates extends expiration of tender offer for Essendant's shares »

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GE

General Electric

$7.84

-0.2 (-2.49%)

, BHGE

Baker Hughes

$23.00

-0.38 (-1.63%)

08:07
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GE 'fire sale'…

GE

General Electric

$7.84

-0.2 (-2.49%)

BHGE

Baker Hughes

$23.00

-0.38 (-1.63%)

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HJLI

Hancock Jaffe Laboratories

$2.02

(0.00%)

08:07
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Hot Stocks
Hancock Jaffe Laboratories receives update on VenoValve application from INVIMA »

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MTEM

Molecular Templates

$4.59

-0.17 (-3.57%)

08:06
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Initiation
Molecular Templates initiated  »

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ADI

Analog Devices

$85.55

-3.94 (-4.40%)

08:06
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Earnings
Analog Devices sees Q1 adjusted EPS $1.28, plus or minus 7c, consensus $1.35 »

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KLIC

Kulicke & Soffa

$19.90

-0.96 (-4.60%)

08:05
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Initiation
Kulicke & Soffa initiated  »

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  • 11

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08:05
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General news
U.S. equities are getting de-FAANGed again »

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General news
Oil Action: NYMEX crude »

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BWA

BorgWarner

$39.40

-0.345 (-0.87%)

08:03
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Conference/Events
BorgWarner management to meet with Wolfe Research »

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  • 26

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ADI

Analog Devices

$85.55

-3.94 (-4.40%)

08:03
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Earnings
Analog Devices reports Q4 adjusted EPS $1.55, consensus 1.52 »

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WOW

WideOpenWest

$10.02

-0.15 (-1.47%)

08:03
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Conference/Events
WideOpenWest management to meet with JMP Securities »

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TOWR

Tower International

$29.99

0.51 (1.73%)

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Hot Stocks
Tower International signs MOU to sell European operations »

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NVFY

Nova Lifestyle

$0.87

-0.03 (-3.33%)

08:03
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Hot Stocks
Nova Lifestyle receives over $1M in orders from Barsala »

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EXTR

Extreme Networks

$6.20

-0.25 (-3.88%)

, HPE

HP Enterprise

$14.83

-0.37 (-2.43%)

08:02
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Hot Stocks
Extreme Networks appoints Remi Thomas as CFO »

Extreme Networks (EXTR)…

EXTR

Extreme Networks

$6.20

-0.25 (-3.88%)

HPE

HP Enterprise

$14.83

-0.37 (-2.43%)

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  • 04

    Dec

TGT

Target

$77.13

-1.9 (-2.40%)

08:02
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Recommendations
Target analyst commentary  »

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  • 20

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CBRL

Cracker Barrel

$174.86

5.18 (3.05%)

08:00
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Downgrade
Cracker Barrel rating change  »

Cracker Barrel downgraded…

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  • 27

    Nov

MSFT

Microsoft

$104.62

-3.66 (-3.38%)

08:00
11/20/18
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08:00
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08:00
Options
Microsoft put buyer realizes 25% same-day gains »

Notable profits for the…

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