$58 billion Honda-Nissan merger is in deep trouble
A proposed $58 billion merger to create the world’s fourth-largest carmaker appears on the verge of collapse after Honda made an unexpected proposal to turn Nissan into a fully owned subsidiary, according to three people familiar with the matter.
Several sources connected to the matter noted that the merger talks between Nissan and Honda could end, noting that the two ...
Nissan may exit merger talks with Honda in favour of a new EV-focused partnership, potentially with Taiwan’s Foxconn.
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