Nissan's Biggest Shareholder Renault Said Open to Honda Talks [Yahoo! Finance]
Honda Motor Company, Ltd. (HMC)
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Source: Yahoo! Finance
(Bloomberg) -- Renault SA is open to Nissan Motor Co. pursuing merger talks with Honda Motor Co. as the French automaker seeks way to insulate itself from the crisis plaguing its long-time alliance partner, according to people familiar with the situation. Most Read from Bloomberg How California Sees the World, and Itself Renault is eager for the Japanese company to find ways to become stronger given it isn't itself willing to inject cash into Nissan, said the people, who asked not to be identified discussing internal matters. With a 36% stake, Renault remains Nissan's biggest shareholder and its approval will be key to any agreement, the people said. While Renault is open in principle to a deal that can make Nissan stronger, it will closely evaluate any offer that's made to the Japanese company with an eye to protecting its own interests, the people said. Nissan talks with Honda are still in the early stages, they said. A spokesperson for Renault declined to comment. Niss
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- Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports [Yahoo! Finance]Yahoo! Finance
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HMC
Analyst Actions
- 12/18/24 - UBS Group AG
HMC
Sec Filings
- 12/18/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/6/24 - Form 6-K
- HMC's page on the SEC website