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Eric E Johnson
This is cited by Nikkei based on its own sources. The agency stated that the companies have failed to reach an agreement on the valuation of each entity within the holding company. Concurrently, Honda suggested that Nissan should become its subsidiary, but the latter declined.
The companies declined to verify the Nikkei's report, stating that discussions were still in progress, “including on issues addressed by the media.” A formal announcement regarding the discussions, as initially scheduled, will be released in mid-February.
In late December, Honda, Nissan, and Mitsubishi entered into a memorandum of understanding permitting the companies to initiate the merger process. The negotiators aimed to finalize the terms of the merger agreement by June 2025, and by August 2026, to establish a single holding company for the three manufacturers.
source: asia.nikkei.com
The companies declined to verify the Nikkei's report, stating that discussions were still in progress, “including on issues addressed by the media.” A formal announcement regarding the discussions, as initially scheduled, will be released in mid-February.
In late December, Honda, Nissan, and Mitsubishi entered into a memorandum of understanding permitting the companies to initiate the merger process. The negotiators aimed to finalize the terms of the merger agreement by June 2025, and by August 2026, to establish a single holding company for the three manufacturers.
source: asia.nikkei.com
