Business dealsMotherson bid for Japan's Marelli faces divide among creditors
Domestic and international lenders disagree on feasibility of Indian company's offer
Japanese auto parts maker Marelli's finances took a drastic turn for the worse last year as key customer Nissan Motor struggled. © Reuters
SHIKO UEDA, JUN WATANABE and RYOSUKE HANADA
TOKYO -- Troubled Japanese auto parts maker Marelli Holdings on Monday put forward a new restructuring plan centered on a buyout by Indian peer Motherson Group, but the proposal does not appear to have bridged the gap between Japanese and foreign creditors.