Bloomberg: "Nissan Motor Considering Sale of Mitsubishi Motors Stake"
Renault, Nissan, Mitsubishi Alliance on the Verge of Dissolution?
[Asia Economy Reporter Naju-seok] Bloomberg News reported on the 16th that Nissan Motor Company of Japan is considering selling its stake in Mitsubishi Motors.
Bloomberg News cited sources on the day and conveyed the possibility of changes in Mitsubishi Motors' shareholding. Among the potential buyers mentioned was Mitsubishi Corporation, which holds a 20% stake in Mitsubishi Motors.
Nissan Motor, Renault, and Mitsubishi Motors have formed an alliance by holding shares in each other. If Nissan Motor sells its stake this time, the alliance structure among the three companies could fundamentally change.
Renault currently holds 43.4% of Nissan Motor's voting shares, while Nissan Motor holds 15% of Renault's non-voting shares and 34.0% of Mitsubishi Motors' shares, binding the three companies together.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
However, regarding the report, Nissan Motor denied the content, stating, "There are no plans to change the capital structure with Mitsubishi Motors."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
