Takata lines up bids despite uncosted liabilities

The Japan Times

Embattled air bag supplier Takata Corp. is moving forward with an auction of the company as private-equity firms and car parts makers line up offers. Suitors include Carlyle Group LP, which is working with Chinese-owned air bag manufacturer Key Safety Systems Inc.; Daicel Corp., a Japanese manufacturer of air bag inflators that is jointly bidding […]

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