Nissan and Honda confirm merger plan
A new major player in the global car industry is about to be created. Japanese Honda and Nissan have signed an agreement on merger talks. The aim is set on a final settlement in June and a stock exchange listing of a new parent company about a year and a half after that.
Business
Honda and Nissan in merger talks
The Japanese car manufacturers Honda Motor and Nissan Motor are considering a merger, reports the Japanese newspaper Nikkei and other media. At the same time, information emerges that the Taiwanese iPhone manufacturer Foxconn wants to buy a controlling stake in precisely Nissan.
Business
