Takata to file for bankruptcy - sources

ReutersNewsPublished: June 16, 20173 views
Published: June 16, 2017

Takata, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works toward a deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, according to sources.

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