Nissan rejects initial Honda merger proposal
In a dramatic turn of events, Nissan has reportedly decided to reject Honda’s terms for a proposed merger that would have created the world’s third-largest automaker. The news has sent ripples through the markets, with Nissan’s shares taking a significant 4.87% hit while Honda’s stock surged by 8.19% in early trading. Nissan CEO Makoto Uchida […]