Japan's Akebono Brake seeking capital from Toyota, debt relief

Japan's Akebono Brake Industry Co Ltd is seeking a capital infusion from top shareholder Toyota Motor Corp and a moratorium on debt repayment as part of a revival plan, sending its shares tumbling by a quarter on Wednesday.

from Reuters: Money News https://reut.rs/2BcMYbM
via IFTTT

• Tweet
• Share
• Share
• Share
• Share