Oct
02
Takata Bidders Said to Offer at Least $1 Billion Investments
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Bids by Daicel-Bain, KKR, Flex-N-Gate said to be favored
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Autoliv, Key Safety Systems said to insist on bankruptcy
Takata Corp. received offers for initial investment of $1 billion to $2 billion from each of the five suitors seeking to buy the troubled air bag maker, according to a person with knowledge of the matter.
The Japanese company behind the auto industry’s biggest recall ever may be leaning toward three bids: one by air-bag inflator maker Daicel Corp. and Bain Capital, and the others by buyout firm KKR & Co. and bumper supplier Flex-N-Gate Corp., said the person, who asked not to be identified because the discussions are confidential…
Takata Bidders Said to Offer at Least $1 Billion Investments
