Takata bidders, carmakers to meet this month, $3 billion bid on table - sources

Takata bidders, carmakers to meet this month, $3 billion bid on table - sources
 

Bidders for Japan's Takata Corp (7312.T) will meet this month with the carmakers key to its survival to consider options, including a $3 billion (2.44 billion pounds) bid, at a gathering that could determine the future of the air-bag maker, people familiar with the matter said.
Takata is seeking a financial investor to help pay for huge liabilities from the world's biggest auto recall, with defective air-bag inflators linked to at least 15 deaths globally.
The meetings of the five bidding groups and carmakers, who are Takata creditors and customers, will take place late this month in New... read more

 
11 October 2016 in Business, Views: 42
Source: Reuters
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