ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Takata to rule out bankruptcy, seeks funds from buyer
Tokyo / Bloomberg Takata Corp. has ruled out using bankruptcy as a way of mitigating liabilities from its record air-bag recalls and is instead seeking buyers that could take a controlling stake and carry the company through its safety crisis, a person with knowledge of the restructuring process. Lazard Ltd., Takata’s financial adviser, will meet manufacturers as well as financial …
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