The stock fell by its maximum daily loss limit to close at 717 yen after trading had been suspended in the morning following the rescue plan report by Japan’s Nikkei business newspaper.
Sweden’s Autoliv, the world’s leading airbag manufacturer, and a consortium led by US autoparts firm Key Safety Systems, are both expected to present competing turnaround proposals as early as this week, the Nikkei said.
A court-mediated overhaul is seen as likely to win support from Takata’s customers, which include leading auto…
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