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"TOKYO • Takata Corp, the airbag maker facing billions in possible costs for the biggest recall in automotive history, is in talks with potential buyers including KKR & Co, according to a person familiar with the matter.. Read more at straitstimes.com.", www.straitstimes.com
"TOKYO - Takata Corp's external steering committee charged with developing a restructuring plan for the embattled auto parts maker is talking with 'several funds' including Kohlberg Kravis Roberts (KKR) , a source with knowledge of the matter said. The source, who spoke on condition on anonymity, did not say whether the funds had approached the committee to propose sponsoring Takata, or whether they had been approached.", www.todayonline.com
"A steering committee for Takata Corp. has interviewed several private-equity funds and companies, including U.S. investment fund KKR & Co., about a possible investment in the troubled Japanese air-bag maker, a person familiar with the matter said Thursday.", www.wsj.com
"TOKYO - Takata Corp is in bailout talks with a number of potential investors including private equity firm KKR & Co , people familiar with the matter said on Thursday, driving up shares in the embattled auto parts maker. Facing the consequences of the largest-ever U.S. safety recall after its air bag inflators malfunctioned, Takata named an outside committee in February to lead an overhaul. Those advisers said on Wednesday that they had hired investment bank Lazard to counsel on the financial restructuring.", www.todayonline.com
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