$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.
Honda-Nissan merger would have created the world’s third largest group in terms of vehicle units sold. Nissan is set to ...
The struggling Japanese carmaker is withdrawing from talks, the Nikkei business daily and other local media reported.
The pair are discussing various options, including the possibility of withdrawing from deal talks, according to statements.
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