Battery specialist Exide Technologies has filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. Only the company’s US operations are included in the filing, and it will continue global operations without any interruption during the US reorganisation. The company has secured a US$500m debtor-in-possession (DIP) financing facility from a Subscribe to Automotive World … Continued
Battery specialist Exide Technologies has filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. Only the company’s US operations are included in the filing, and it will continue global operations without any interruption during the US reorganisation.
The company has secured a US$500m debtor-in-possession (DIP) financing facility from a
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https://www.automotiveworld.com/articles/us-bankruptcy-stalls-stop-start-specialist-exide/
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