Takata sees Daicel, Autoliv as most desirable sponsors - report (translated)
Takata Corp. [TYO: 7312] sees Daicel Corp [TYO: 4202], a Japanese maker of car airbag inflators, and Autoliv Inc. [NYSE: ALV] as the most desirable candidates for the sponsoring company for the Japanese auto airbag maker, the Kyodo News service reported.
Late this month, Takata held a meeting in the US with bidders and its client auto makers, and the auto makers seem to regard Autoliv as a desirable sponsoring company for Takata, the news report said on 28 October, without citing sources.
Takata expects to finalize a rehabilitation plan backed by a sponsoring company by the end of this year, with approval from its client auto makers, according to the report.