Business Standard

Trading in Takata shares to be suspended - Japan Exchange Group

Image

Reuters TOKYO

TOKYO (Reuters) - Trading in shares of Japanese air bag maker Takata Corp will be temporarily suspended on Friday, following media reports that the company is preparing to file for bankruptcy, said Japan Exchange Group, which operates Tokyo Stock Exchange.

Sources told Reuters the firm may file for bankruptcy as early as next week.

(Reporting by Hideyuki Sano; Editing by Eric Meijer)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 16 2017 | 5:10 AM IST

Explore News