Nissan to Suspend Merger Talks with Honda⚡⛔

[Truth Hurts]

Nissan and Honda were not able to agree on the valuation of each side under a holding company, according to people familiar with the matter. (Nikkei montage/Source photos by Mizuho Miyazaki and Reuters)


TOKYO: Nissan Motor and Honda Motor failed to reach a consensus on the terms of the deal, according to Japanese media. Therefore, Nissan Motor will suspend merger talks with Honda Motor.

Nissan Motor will withdraw the memorandum of understanding (MOU) signed on December 2024 regarding business integration talks, the report added.

The decision was made because the two companies could not agree on the valuation of each party under a holding company. Nissan also rejected Honda's proposal to make it a subsidiary.

Nissan's share price faded over 4.5%, while Honda shot up over 8% after reports that the merger was canceled.

https://asia.nikkei.com/Business/Business-deals/Nissan-to-suspend-merger-talks-with-Honda

 

[dbug]

dena deyak aran vikunala daanne nathuwaa.. tawa loku talks denna gihin wagge Nissan ekke ewun...
Nissan corporation near to its end of era

 

[nppcheguevara]

SELL IT TO CHINA. THEY WILL HAPPY TO TAKE THE BRAND! AND MAKE NISSAN GREAT AGAGIN!

 

[Brandy2020]

dena deyak aran vikunala daanne nathuwaa.. tawa loku talks denna gihin wagge Nissan ekke ewun...
Nissan corporation near to its end of era

දෙකම අයිති බැංකු වලටනේ

 

[NRTG]

NISSAN එවුන් කොහොමත් ලෙසටම කෙලොගෙන් ඉන්නේ

 

[War Fighter]

Good for Honda

 

[ob_server]

 

[gnilukshi]

දෙයියනේ දෙයියනේ
ICE වලට මොකද මේ උනේ

 

[Hyaenidae]

Mitsubishi Corporation could buy Nissan and Mitsubishi Motors both and merge them altogether