Key Safety Systems completes $1.6b acquisition of Japanese air bag maker Takata

Key Safety Systems completes $1.6b acquisition of Japanese air bag maker Takata

Visitors walk past a logo of Takata Corp on its display at a showroom for vehicles in Tokyo, Japan February 5, 2016. REUTERS/Toru Hanai/File Photo

Auto components maker Key Safety Systems on Wednesday completed its $1.6 billion deal to acquire air-bag maker Takata Corp, whose inflators triggered the auto industry’s biggest recall and have been linked to at least 22 deaths around the world.

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