Investors will be looking out for any official announcement of a merger between Japanese automakers Honda Motor and Nissan Motor.
Asia markets climbed after a U.S. government shutdown was averted and as a cooler-than-expected inflation reading helped lift U.S. markets Friday. Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakersMonday. They are expected to hold a press conference Monday afternoon, according to a Google translation of the report in Japanese.
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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.
Fonte: NBCNewYork - 🏆 270. / 63 Leggi di più »
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.
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Nissan, Honda Shares React to Merger SpeculationNissan's stock surged while Honda's dipped after reports that the Japanese automakers might merge under a holding company. The Nikkei newspaper reported that Honda and Nissan are planning to sign a memorandum of understanding soon, potentially bringing Mitsubishi Motors, in which Nissan holds a 24% stake, under the umbrella. While Nissan confirmed exploring collaboration possibilities, no decisions have been made.
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