Nissan Stock Jumps as Investors Eye Possibility of Honda Deal
Nissan Motor(NSANY) Investopedia·2024-12-18 15:50
Key TakeawaysNissan and Honda acknowledged they are mulling a potential merger, according to a statement from Nissan and media reports Wednesday. Foxconn is also reportedly interested in a Nissan stake. Nissan shares soared nearly 24% in Tokyo, and Honda's dipped.The manufacturers have been exploring how to collaborate for months, but said no decisions, including on a merger, have been made. Honda and Nissan have acknowledged the possibility of a merger, driving an active trading session in Tokyo for the J ...