Japanese automakers Nissan and Honda have begun official negotiations to merge, which could make them the world's third-largest carmaker by sales. Both companies announced share buyback plans. Honda plans to buy back 24% of its issued shares by December 23, 2024. Nissan similarly announced buyback plans by December 23, 2024, amounting to 24% of its issued shares.
A holding company will be established as the parent organization for both Honda and Nissan, and will be listed on the Tokyo Stock Exchange. Nissan's strategic partner, Mitsubishi, has been given the opportunity to join the new group and is expected to make a decision by the end of January 2025. Honda is projected to achieve 1.382 trillion yen in operating profit for the full year to March 2024, compared to Nissan's 568.7 billion yen. The automakers would have a combined value of nearly $54 billion, with Honda's market capitalization contributing the greater $43 billion share
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Japan's Honda and Nissan to reportedly begin merger talksNissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
مصدر: nbcsandiego - 🏆 524. / 51 اقرأ أكثر »
Honda and Nissan Officially Begin Merger TalksHonda and Nissan announce plans to merge, forming a joint holding company. This move comes as Nissan faces financial challenges and reflects the increasing consolidation in the automotive industry.
مصدر: InsideEVs - 🏆 579. / 51 اقرأ أكثر »
Asia markets begin Christmas week higher; Nissan-Honda merger deal in focusInvestors will be looking out for any official announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor.
مصدر: NBCNewYork - 🏆 270. / 63 اقرأ أكثر »
Honda and Nissan Begin Merger Talks, Aim for Third Largest Automaker StatusJapanese automakers Honda and Nissan have initiated merger negotiations, potentially positioning them as the world's third-largest car manufacturer. Both companies announced share buyback plans, with Honda's share price experiencing a significant surge while Nissan's dipped. A holding company will serve as the parent entity for the merged group, listed on the Tokyo Stock Exchange. Mitsubishi, Nissan's strategic partner, has the option to join the new group.
مصدر: nbcchicago - 🏆 545. / 51 اقرأ أكثر »
Honda and Nissan officially begin merger talks to create world's third-largest automakerBoth companies are grappling with intense global competition in the electric vehicle market from the likes of Tesla and China's BYD.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Asia-Pacific markets begin Christmas week higher; Nissan-Honda merger deal in focusInvestors will be looking out for any official announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor.
مصدر: nbcsandiego - 🏆 524. / 51 اقرأ أكثر »