February 23, 2017 / 7:36 AM / 5 months ago

BRIEF-Takata to sell stake and business in units to TransDigm Group Inc

1 Min Read

Feb 23 (Reuters) - Takata Corp :

* Says it plans to sell 100 percent stake in unit SCHROTH Safety Products GmbH and entire business in unit Takata Protection Systems Inc and Interiors In Flight Inc, to TransDigm Group Inc, on Feb. 22 (U.S. local time)

* Says transaction amount is about 9.9 billion yen ($90 million)

Source text in Japanese: goo.gl/yJ4lh6

Further company coverage: (Beijing Headline News)

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