Nissan Stock Surges on Honda Merger Report. Combining Isn't the Biggest Takeaway
Deeper Dive: Why Honda and Nissan May Go at It Together
Express News | Honda Says Media Reports That Company, Nissan And Mitsubishi Motors Will Begin Discussions Of Business Integration Are Not Based On Company Announcement
Nissan and Honda (HMC.US) plan to merge, with Foxconn intervening to accelerate negotiations.
After negotiations between Foxconn and Nissan regarding equity participation, negotiations between Nissan Motor and Honda Motor seem to have accelerated.
It is reported that Nissan's (NSANY.US) major shareholder Renault is open to merger talks with Honda (HMC.US).
According to informed sources, Renault SA, Nissan Motor's largest Shareholder, is open to the idea of merger talks between Nissan and Honda Motor (HMC.US).
Tesla, Nvidia, Honda, Nissan, Micron, Heico, and More Stock Market Movers
Is there a twist in the merger drama between Nissan and Honda? Fujifilm Holdings Corporation Unsponsored ADR surprisingly also intends to get involved...
① Nissan and Honda have acknowledged that they are in talks to merge, with Nissan's stock price soaring 24% on Wednesday, hitting the daily limit for gains. ② Surprisingly, Foxconn is also interested in acquiring a stake in Nissan, but it is unclear whether Nissan will engage in negotiations or has already declined; ③ Honda's Executive Vice President, Shinji Aoyama, stated that the company is considering several options for merging with Nissan, which may involve capital cooperation or the establishment of a holding company.
Nissan's Biggest Shareholder Renault Said Open to Honda Talks
Renault Would Benefit From Nissan-Honda Merger -- Market Talk
Market Chatter: Foxconn Joins Race for Nissan Takeover Amid Honda Merger Talks
Renault Shares Jump on Honda-Nissan Merger Talks
Honda (HMC.US) and Nissan (NSANY.US) are considering a partnership, but a merger is far from being a "cure-all."
However, a merger may not solve everything. As indicated by the difficulties currently faced by Stellantis, a simple merger does not create great Auto Manufacturers.
Moves to adjust positions ahead of the FOMC results.
The Nikkei average fell for four consecutive trading days, ending at 39,081.71 yen, down 282.97 yen (estimated Volume of 2.1 billion 10 million shares). Selling began on the back of declines in major stock indices in the USA market the previous day. During the mid-morning session, it fell to 39,123.32 yen. However, buying on dips and the stability of US stock Futures in the China market and Extended hours trading led to a rise to 39,382.69 yen by the end of the morning session. However, the results of the US Federal Open Market Committee, which will be revealed early tomorrow Japan time, are on the horizon.
Nissan and Honda Explore Potential Merger to Strengthen EV Position
Japan Auto Giants Honda and Nissan Could Merge: Media
Rumors of a merger between Japan's auto giants have shaken the market, with Honda (HMC.US) and Nissan (NSANY.US) possibly joining forces to lead changes in the industry.
The news of a potential merger between Honda Motor and Nissan Motor has caused a stir in the auto industry, leading to a widespread increase in the stock prices of Japanese auto manufacturers.
The Nikkei average has fallen for four consecutive days, while Nissan and Mitsubishi Motors have hit the stop-high, but the Index ETF has seen little movement.
On the 17th, the U.S. stock market declined. The Dow Inc average fell by 267.58 points to 43,449.90 dollars, while the Nasdaq closed down 64.83 points at 20,109.06. After opening lower due to high long-term interest rates, it continued to decline. The retail revenue for November, announced in the morning, exceeded market Financial Estimates, and while there has been no change in the view that the Federal Reserve will lower interest rates at the Federal Open Market Committee (FOMC), it has led to speculation that the pace of rate cuts next year will be gradual.
Honda Motor (HMC.US) has set a target for hybrid vehicle sales by 2030: to double from the current level to 1.3 million units.
Honda Motor stated on Wednesday that the company's goal is to double its Global sales of hybrid vehicles by 2030 from the level in 2023.
JP Movers | Nissan Motor Rose 23.70%, Leading Nikkei 225 Components, Advantest Topped Turnover List
Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with Nissan Motor(7201.JP) being the top gainer today, rising 23.70% to close at 417.6 yen. In addition, the top loser was Sumitomo Pharma(4506.JP),falling 4.46% to end at 579.0 yen.
Today's flows: 12/18 Nissan Motor saw an inflow of JPY¥ 20.47 billion, SoftBank Group saw an outflow of JPY¥ 7.59 billion
On December 18th, the TSE Main Market saw an inflow of JPY¥ 782.73 billion and an outflow of JPY¥ 799.86 billion.$Nissan Motor(7201.JP)$, $Disco(6146.JP)$ and $Mitsubishi Motors(7211.JP)$ were net