December 22, 2024
Nissan shares jumped the most in 50 years amid news of a possible merger with Honda thumbnail
Economy

Nissan shares jumped the most in 50 years amid news of a possible merger with Honda

Shares of the automaker Nissan demonstrated the highest dynamics on the Japanese stock index Nikkei 225 and rose by 24% amid the news of talks with Honda on a merger.”, — write: epravda.com.ua

Shares of the automaker Nissan demonstrated the highest dynamics on the Japanese stock index Nikkei 225 and rose by 24% amid the news of talks with Honda on a merger. Bloomberg writes about it. Nissan shares rose 24%, their biggest gain in 50 years. Investors welcomed the news of a possible merger as Nissan finds itself in a difficult position. At the same time, it is noted that the shares of Honda, on the contrary, fell by 3.4% due to fears that it will have to save Nissan.Advertisement: Honda Executive Vice President Shinji Aoyama said after reports of talks between the automakers that Honda is considering several options, including a merger, pooling of capital or creation of a holding company. The combined company will be the world’s third-largest automaker after Toyota and Volkswagen by sales last year, giving it the opportunity to invest in competition with Tesla and China’s BYD. Read also: A year to survive: why Nissan is one step away from bankruptcy In the future, they may be joined by Mitsubishi Motors, in which Nissan is the largest shareholder.

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