Honda has reportedly asked Nissan to consider acquiring Renault’s 35.7% stake in the company (Nissan).
Honda and Nissan are engaging in merger talks and the move would be part of avoiding a scenario in which a third party owned a significant stake in Nissan that would complicate merger negotiations.
The Kyodo news agency reported the development, citing unnamed sources.
Renault remains Nissan’s largest single shareholder with a 35.7% stake as of the end of September 2024, down from 43.4% a year earlier.
Late last year, there were rumours that Taiwan’s Hon Hai (Foxconn) was interested in investing in Nissan.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData