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Renault Seeks Takeover Premium From Honda
Renault seeking to maximize value of Nissan shares in Honda merger, says source
Renault executives travelled to Japan this week to meet counterparts at Nissan in an effort to maximise the value of the French automaker's stake in the Japanese firm ahead of its merger with Honda, a source close to the matter told Reuters.
Renault Seeks Takeover Premium From Honda for Nissan Stake
Renault SA wants a premium for its stake in Nissan Motor Co. if Honda Motor Co. takes over control of the rival Japanese automaker, according to people familiar with the matter.
Renault urges Nissan to secure higher premium from Honda
Renault has urged Nissan to negotiate a higher premium from Honda as the French group seeks to benefit from a merger of the two Japanese groups that would create the world’s third-largest carmaker by sales.
Nissan to break up with Renault? Here’s Honda’s condition to the merger
Honda and Nissan signed a memorandum of understanding (MoU) to begin discussions on a potential business integration.
Honda Pushes Nissan To Buy Renault’s Stake But Can It Afford $3.6 Billion?
Honda is eager to ensure there's no foreign influence on its merger with Nissan, especially since Taiwan's Foxconn has been eyeing the ailing brand
Honda wants Nissan to buy stake back from Renault, but Nissan may not have the money – report
The proposed merger between Nissan and Honda is running into some speed bumps, if a Carscoops report is to be believed. The automotive portal, citing Bloomberg, stated that Honda is pushing its potential partner to
Honda May Buy Renault Out Of The Nissan Merger
Honda, Nissan, and Renault's merger may take on a new direction, per Bloomberg. According to the outlet, Honda is worried that Renault, which owns about 35 percent of Nissan, may be bought up by a third party while the deeply complex merger works its way toward completion.
Renault seeks premium for Nissan stake amid potential Honda takeover
Renault SA (OTC:RNLSY), the French automaker, is demanding a premium for its 36% stake in Nissan (OTC:NSANY) Motor Co., in the event that Honda Motor Co (NYSE:HMC). takes over the Japanese rival, according to a Wednesday report by Bloomberg.
CarBuzz on MSN
1d
Nissan About To Cut Production And Jobs In The US
Not unexpectedly, it appears Nissan is getting ready to start slimming down its operations in the US and ready for its merger ...
Jalopnik
13d
Honda Doesn’t Want Renault In Its Deal With Nissan
Honda and
Nissan
are still determining if a merger is a viable option, but Honda’s fears aren’t entirely unfounded; there ...
12d
Renault: Upside Is There With Merger And Lineup Update
Renault adopted a new strategy to recover from past underperformance, focusing on value over sales volume & streamlining ...
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