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Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto parts company said in a statement, after months of uncertainty about its ...
The brand cited tariffs as the cause of its bankruptcy, making it the first large brand to go bust under the escalating trade ...
Marelli Holdings, a Japanese auto parts supplier owned by private equity firm KKR , is considering filing for Chapter 11 bankruptcy protection in the United States, Kyodo news agency reported on ...
Automotive parts maker Marelli, which is owned by private equity firm KKR, has filed for bankruptcy while negotiating with lenders about debt proceedings, but expects no disruption to services.
Economic issues have forced a variety of retailers to file for Chapter 11 bankruptcy to reorganize their businesses and ...
The automotive world is reeling from the recent Chapter 11 bankruptcy filing of Marelli, a leading global auto parts supplier. While the company assures that operations will continue uninterrupted, ...
Big-box retailer has struck a deal with lenders to eliminate almost all of its nearly $2 billion in funded debt and has ...
Marelli was among the first major companies in any industry to pin a bankruptcy filing in part on tariffs. Other auto suppliers will likely follow, industry analysts said.
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Samvardhana Motherson is preparing to compete with Strategic Value Partners (SVP) for the acquisition of Marelli Holdings. Motherson is reportedly raising $2 billion for the deal. Marelli's board is ...
Because of Marelli’s financial profile and the “severe distress” affecting the auto industry in general, Marelli began contingency planning for bankruptcy, which it viewed as the most effective way to ...