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Indian auto parts makers Samvardhana Motherson is preparing a $2 billion war chest to beat Strategic Value Partners (SVP) for the purchase of Japanese car parts supplier Marelli Holdings that is ...
Marelli said the lenders of the new $1.1 billion financing will take ownership of the business once it emerges from Chapter 11, subject to a 45-day so-called "overbid process" in which other ...
TOKYO -- Japanese auto parts maker Marelli Holdings announced Wednesday that it has filed for Chapter 11 bankruptcy protection through a U.S. court, after negotiations for a private debt workout ...
Marelli, a Tier 1 automotive supplier with offices across the world, including several in metro Detroit, blamed tariffs and filed for Chapter 11 bankruptcy this week in U.S. Bankruptcy Court for ...
GitLab has released security updates to address multiple vulnerabilities in the company's DevSecOps platform, including ones enabling attackers to take over accounts and inject malicious jobs in ...
TOKYO (Reuters) -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 ...
Marelli Holdings Co. Ltd. ("Marelli" or the "Company"), a global technology partner to the automotive industry, today announced that it has commenced voluntary chapter 11 cases in the United ...
Marelli, which supplies parts to Nissan and Stellantis, will restructure some $4.9 bln of debt under US Chapter 11. India’s Motherson may challenge creditors including Strategic Value Partners with a ...
Bankrupt auto-parts supplier Marelli Holdings Co. won court approval to borrow $518.9 million to help fund its reorganization after delaying a request for some parts of a financing package ...
Marelli Holdings, a technology partner in the automotive industry, has filed for voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. This strategic move is ...
Japan’s Marelli, one of the world’s largest auto parts suppliers, has filed for bankruptcy protection in the US as it seeks breathing space from a months-long fight over its future, involving ...
Marelli filed for court-led rehabilitation in 2022 and at that time, its total debt was around 1.1 trillion yen ($7.6 billion), the most ever for a Japanese manufacturer. That was since reduced to ...