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Takata recommends re-electing board as search for rescue deal drags on
Published Mon, Jun 12, 2017 · 09:50 PM
Tokyo
JAPAN'S Takata Corp, the airbag maker at the centre of world's largest vehicle recall, has recommended reappointing its current board, underscoring the slow progress in its efforts to clinch a financial backer to overhaul the business.
The proposed reappointments for the six-member board include chairman Shigehisa Takada. The Takada family commands a stake of around 60 per cent in the vehi…
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