FountainVest To Sell Key Safety Systems To Ningbo Joyson In $920M Deal

Sterling Heights, Michigan-based Key Safety Systems (KSS), backed by FountainVest Partners, the Canada Pension Plan Investment Board and Crestview Partners, has entered into a definitive agreement to be acquired by Shanghai-listed Ningbo Joyson Electronic Corporation, says a company announcement. The Chinese automotive accessories maker will acquire outstanding shares of KSS, a maker of car safety […]

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Read the original article: China Money Network