Shumaker Manufacturing

A Legal & Industry Review

KKR No Longer a Bidder For Japan’s Takata

A sign with the TAKATA logo is seen outside the Takata Corporation building in Auburn Hills, Michigan

Update on Takata: the bidding process and negotiations continue. Bain Capital and Daicel Corp, a Japanese chemical company, have bid $3 billion. The Reuters article suggests the automakers liked Sweden’s Autoliv Inc.’s presentation. Note the goal of narrowing to 2-3 bidders by mid-November.

KKR No Longer in Bidding For Japan’s Takata (Source: Reuters)

 

 

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