US buyout firm KKR no longer bidding for Japan's Takata

US buyout firm KKR no longer bidding for Japan's Takata

Visitors walk past a logo of Takata Corp on its display at a showroom for vehicles in Tokyo, Japan February 5, 2016. REUTERS/Toru Hanai/File Photo

U.S. buyout firm KKR & Co is no longer in the bidding to buy Takata Corp, the Japanese parts maker at the centre of the world’s biggest auto recall, according to a person briefed on the bidding process.

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