Takata U.S. unit mulling bankruptcy but no filing expected soon: source

WASHINGTON (Reuters) - Japanese auto parts maker Takata Corp <7312.T> has been considering a possible bankruptcy filing for its U.S. unit but no filing is expected soon, a source briefed on the matter said.

Takata, at the center of the biggest global automotive recall in history for its potentially deadly air bag inflators, has retained investment bank Lazard Ltd (NYSE: LAZ) as an adviser to choose a sponsor for its turnaround.

(Reporting by David Shepardson; Editing by Stephen Coates)

You May Also Be Interested In

• Malaysia Q2 growth likely accelerated to 5.8% on exports, resilient demand
• Malaysian PM expected to be discharged from hospital after surgery, state news agency reports
• Oil, gold prices rise as geopolitical tensions mount before CPI