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Stock impact report

Foxconn in Talks With Nissan Shareholder Renault, CNA Says [Yahoo! Finance]

HON HAI PRECSON S/GDR NEW (HNHPF) 
NASDAQ:AMEX Investor Relations: foxconn.com/investors_en/investors.html
Company Research Source: Yahoo! Finance
(Bloomberg) -- Hon Hai Precision Industry Co., the iPhone maker known as Foxconn, is in talks with Nissan Motor Co.'s biggest shareholder Renault SA about its willingness to sell its shares in the Japanese automaker, Taiwan's Central News Agency said, citing people it didn't identify. Most Read from Bloomberg New York City's Historic Preservation Movement Is Having a Midlife Crisis NYPD Car Chases Are Becoming More Frequent — and More Dangerous Dakar's Air Quality Plummets as Saharan Dust Descends on Senegal Nissan and fellow Japanese carmaker, Honda Motor Co., are exploring a merger, people familiar with the matter said Wednesday, that would create a rival to Toyota Motor Corp. in Japan and better position the combined company to face competitive challenges around the world. One potential spanner in the works however is Foxconn, which separately is said to have approached Nissan about acquiring a stake. Foxconn has been investing heavily in factories to build electric ve Show less Read more
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