Running a Shop Products+Services Finder Research+Reports Tools News

Takata to Take Bids for Financial Backer

Order Reprints

Sept. 9, 2016—Takata Corp will take initial bids from seven companies looking to help the company out on Sept. 19, according to a report by Automotive News.

Potential investors include Daicel Corp., Ningbo Joyson Electronic, and global funds KKR & Co. The companies will each present turnaround plans to investment bank Lazard Ltd, reports Automotive News.

Takata, the Japanese airbag maker, has been in the headlines for its massive airbag recall, which has been linked to at least 14 deaths.

Recommended Products

2018 Industry Survey: Leadership

2013 FenderBender KPI Survey: Complete Report

2015 FenderBender How I Work Survey: Complete Report

Related Articles

Takata Issued NHTSA’s Largest Civil Penalty

Truck Full of Takata Products Explodes, Killing One

Takata President Makes Public Apology

You must login or register in order to post a comment.