Market Chatter: Honda, Nissan to Begin Merger Talks Soon, Report Says

MT Newswires Live12-19

Honda (TYO:7267) and Nissan ((TYO:7201) will begin merger negotiations as early as Dec. 23, according to Bloomberg News on Thursday, citing a report from Japan's Nikkei news service.

Bloomberg News also confirmed that the companies' senior leaders are considering this potential consolidation that may include Mitsubishi Motors (TYO:7211).

Representatives for Honda and Nissan in the US have not commented on the talks' start date, following reports of Hon Hai Precision's interest in acquiring a stake in Nissan, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (JPY): $417.60, Change: $+80, Percent Change: +23.70%

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