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Business

KKR offers to back Takata rehabilitation

TOKYO -- U.S. private equity fund Kohlberg Kravis Roberts has offered to help Japan's Takata recover from its global recall of faulty air bags, sources said on Thursday.

KKR wants to bring Takata under its control, in place of the autoparts manufacturer's founding family, which owns a roughly 60% stake. The fund would then lead the company's restructuring, the sources said.

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