Japanese air bag maker Takata Corp. plans to file for bankruptcy protection soon, possibly next Monday, to address massive liabilities from a global recall of its air bags, sources close to the matter said Thursday.But Takata has yet to reach an agreement on the timing with carmakers that are pushing it to make the move sooner, the sources said.Takata is set to ask financial institutions including Sumitomo Mitsui Banking Corp. for a bridge loan of tens of billions of yen that will help the company rehabilitate after the bankruptcy filing, people familiar with the matter said.Takata shares p…READ FULL ARTICLE
