Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal
Publishing timestamp: 2024-12-23 21:28:39
Summary
Nissan and Honda are in official negotiations to merge, potentially becoming the world's third-largest carmaker. Honda announced a share buyback plan while Nissan is facing financial struggles and restructuring. The merger would focus on sharing resources and achieving synergies.
Sentiment: MIXED
Tickers: 7201.T-JP, 7267.T-JP,
Keywords: toshihiro mibe, honda motor co ltd, breaking news: asia, nissan motor co ltd, autos, asia economy, business news,