Honda ready to revive takeover talks if Nissan CEO Uchida leaves, FT reports


-- Reuters

HONDA is willing to resume takeover talks to form the world's fourth-biggest carmaker, provided Nissan CEO Makoto Uchida steps down, the Financial Times reported on Monday, citing sources familiar with the discussions.

Last week, merger talks between Honda, Japan's second-largest automaker, and Nissan, its third, collapsed, ending plans to create a $60 billion car company.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Honda , Nissan , merger

Next In Business

Zero abandoned homes�by�2030?
The parcel overhang
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
AI in the layman’s eye
Handling non-public info properly
Broadening Malaysia’s trade
US LNG exporters lead in gas use
High hopes as dividend is nigh
Jinhua – a trading hub without borders

Others Also Read