20-78-percent
Takata mulls bankruptcy for U.S. unit, filing will take time: source
November 4, 2016 by elegant · Leave a Comment
WASHINGTON/TOKYO (Reuters) – Japan's Takata Corp is considering a bankruptcy filing for its U.S. unit as the air bag maker looks for a sponsor to help pay for liabilities related to its faulty inflators, a person briefed on the matter told Reuters. Takata, which has retained investment bank Lazard Ltd as an adviser, has been working to choose a backer for its turnaround …
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Takata mulls bankruptcy for U.S. unit, filing will take time: source
20-78-percent
Icahn raises stake in Herbalife
November 4, 2016 by elegant · Leave a Comment
(Reuters) – Activist investor Carl Icahn has raised his stake in Herbalife Ltd to 23.1 percent as of Nov. 3, according to a regulatory filing on Thursday. Icahn had reported a 20.78 percent stake in the company in August. (http://bit.ly/2fjU7ve) Herbalife said on Tuesday that Chief Executive Michael Johnson would step down next year and be replaced by Chief Operating Officer Richard …
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Icahn raises stake in Herbalife