KKR & Co and other investors are in separate talks with a committee overseeing a restructuring of Japan’s Takata about a financial investment to bail out the embattled auto parts maker, people familiar with the matter said on Thursday.
Japan’s Nikkei newspaper reported earlier on Thursday that KKR KKR 1.42% has proposed taking about a 60% stake in Takata TKTDY 19.94% and has submitted a restructuring plan to the external steering committee tasked with the restructuring.