Honda and Nissan to Explore Merger by 2026

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 20 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Business Nouvelles

MERGER,AUTOMOTIVE,JAPANESE COMPANIES

Honda and Nissan signed a memorandum of understanding to explore a potential merger, aiming to create a joint holding company by 2026. The goal is to become a world-class mobility company with over 30 trillion yen in sales revenue and 3 trillion yen in operating profit. The new company would be listed on the Tokyo Stock Exchange’s Prime Market in August 2026.

Honda and Nissan signed a memorandum of understanding on Dec 24, announcing plans to explore a potential merger to form a joint holding company by 2026.

Talks are expected to conclude by June 2025, with plans to list the new joint holding company on the Tokyo Stock Exchange’s Prime Market in August 2026. Honda recently reported weaker-than-expected earnings due to declining sales in China, while Nissan announced plans to cut 9,000 jobs and reduce production capacity by 20 per cent after a slump in sales in China and the US.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 9. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités