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Nissan shares fall over 6% as Mercedes-Benz plans to shed 3.8% stake
CNBC· 2025-08-26 03:08
A brand new Nissan car is displayed on the sales lot at Golden State Nissan on March 26, 2025 in Colma, California.Nissan Motor shares tumbled on Tuesday after Mercedes-Benz announced plans to offload its 3.8% holding in the Japanese automaker.Tokyo-listed shares of Nissan declined as much as 6.7% before paring some losses to trade 6% lower.Mercedes-Benz's pension trust will divest its stake worth roughly $346 million in Nissan Motor, a company spokesperson reportedly said on Monday. The spokesperson added ...