Nissan CEO Seeks To End Honda Merger Talks: Report

Nissan Motor Co. NSANY CEO Makoto Uchida has informed Honda Motor Co. HMC CEO Toshihiro Mibe of his intention to terminate discussions on a potential merger, Asahi reported Thursday.

Nissan’s stock rose 2.09% to 395 Japanese Yen ($2.59) on the Tokyo exchange, while Honda fell 4.10% to 1,438 Japanese Yen ($9.44).

Read Next:

Get Started

Start Futures Trading Fast — with a $200 Bonus

Join Plus500 today and get up to $200 to start trading real futures. Practice with free paper trading, then jump into live markets with lightning-fast execution, low commissions, and full regulatory protection.

Get Started

• Strategy Q4 Earnings: Bitcoin Treasury Company Spends $20.5B On BTC, Shares Inch Higher Despite Revenue Miss

Image Via Shutterstock