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Takata’s $1.6 billion asset sale gains Philippine antitrust clearance

( February 28, 2018, 03:04 GMT | Official Statement) -- MLex Summary: The Philippine Competition Commission has cleared the $1.588 billion sale of Takata Corp’s assets to China’s Ningbo Joyson Electronic Corp, making its subsidiary Key Safety Systems Holdings one of the largest players in the automotive safety market.(Summary continues)...

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