Takata bidders, carmakers to meet this month; US$3b bid on the table: sources

Tokyo

BIDDERS for Japan's Takata Corp will meet this month with the carmakers that are key to its survival to consider options, including a US$3 billion bid, at a gathering that could determine the future of the airbag maker, people familiar with the matter said.

Takata is seeking a financial investor to help pay for huge liabilities from the world's biggest car recall, with defective airbag inflators linked to at least 15 deaths globally.