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Supplier Marelli selects KKR to lead turnaround, debt restructuring
May 31, 2022 12:50:39 PMAs part of the turnaround plan, Marelli is seeking the cancellation of about 450 billion yen ($3.5 billion) in debt, out of obligations of about 1.13 trillion yen, Bloomberg reported.
Key supplier Marelli is in talks with lenders on debt reorganization, report says
February 15, 2022 04:51:56 AMThe supplier, previously owned by Fiat Chrysler Automobiles, carried at least $9.5 billion in total debt as of September, sources told Bloomberg. Marelli is the world's 18th largest auto supplier.
Five suppliers rebrand to form Teijin Automotive Technologies
September 22, 2021 01:42:14 PMContinental Structural Plastics, Inapal Plásticos, Benet Automotive, CSP Victall and Teijin Automotive Center Europe are combining to form one brand: Teijin Automotive Technologies.