Get access to our best features
Get access to our best features
Published

Nissan to Reject Honda’s Merger Terms, Putting Deal in Peril

  • Honda Motor Co has proposed that Nissan Motor Co become its subsidiary, which could alter their merger plans, according to sources familiar with the matter.
  • Nissan has not convinced Honda of its business turnaround, which was a condition for their planned merger, as stated by the sources.
  • Honda has requested Nissan to provide specific measures for the merger, but has been dissatisfied with the responses, according to the sources.
  • Nissan President and CEO Makoto Uchida emphasized that any agreement would be a merger of equals, while a Nissan executive opposed the subsidiary proposal, stating, 'There can be no other option than what was agreed in December last year.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 42% of the sources are Center
43% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)