Delphi - taking steps to conserve cash

Statement from delphi technologies.delphi technologies plc - has been taking significant steps to conserve cash.delphi technologies - steps to conserve cash includes working to access government support across our operating countries, effecting temporary layoffs.delphi technologies plc - to draw down on its full $500 million revolving credit facility.delphi technologies - as a result of decision to draw down on revolver on march 30, received notice from borgwarner.delphi technologies - notice from borgwarner asserting that company materially breached transaction agreement between borgwarner and co.delphi technologies - notice from borgwarner asserting that, if breach is not cured within 30 days, borgwarner has right to terminate deal agreement.delphi technologies plc - disputes borgwarner's breach assertion on basis that borgwarner unreasonably withheld its consent.delphi technologies plc - intends to continue to negotiate with borgwarner to resolve matter.
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