Takata shares plummeted 52.9 percent in early trade Thursday in response to news reports that the troubled airbag maker plans to file for bankruptcy and sell its assets to a US company.
The Nikkei business daily has said the company, with liabilities exceeding one trillion yen ($9 billion), would make a formal decision about the bankruptcy filing at a board meeting this month.
GMT 09:24 2017 Thursday ,22 June
Airbag maker Takata plummets 55% on bankruptcy fearsMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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