• Cars Brands
    Takata Surges on Report of KKR Plan to Back up Air Bag Maker

    The shares jumped by 21 percent as of 2 p.m. Thursday. KKR aims to take control of the company and lead a restructuring effort in place of the founding Takada family, the Nikkei reported. Takata said earlier it retained Lazard Ltd. to pursue investment in the company. Representatives for Takata and KKR said they weren’t immediately […]