TOKYO -- Honda Motor and Nissan Motor will begin merger talks as early as Monday as the two automakers seek to create a group that can rival Japanese leader Toyota Motor in capital-intensive ...
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U.S.-listed shares of Honda Motor Co. soared on Monday as the Japanese automobile maker made its merger talks with Nissan official and announced a hefty share buyback. If a merger were to happen ...
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Analysts believe that Honda's ideal partner for a merger would be a more "healthy and financially sound company." Some speculate that the merger may be an attempt to prevent a hostile takeover of ...
The company's shares closed 12% higher on Tuesday. Besides the merger discussions, Honda said on Monday that it would buy back as much as 1.1 trillion yen, or about $7 billion, worth of its stock ...
Tokyo | Japanese car giants Honda and Nissan will merge to create the world’s third-largest automotive group by 2026, as Japan’s car makers struggle to keep up in a global car industry ...
This is seen as one of the key regulatory hurdles in the all-stock merger valued at $35.3 billion which was announced back in February. Federal regulators will be the next stop as the deal moves ...
That's from a joint statement issued by Nissan and Honda, where the two companies announced their partnership – which follows murmurs about the merger heard last week. Nissan also holds a 24.05% ...
While their executives called the transaction a merger, Honda will take the lead in forming the new entity and nominate a majority of its directors. Nissan’s partner Mitsubishi Motors Corp. may ...
Avangrid, Inc. has successfully finalized its merger with Parent Company, Iberdrola, S.A., as stated in the current report on Form 8-K filed with the Securities and Exchange Commission on December ...
The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages. By Neal E. Boudette Neal ...
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