$58 billion Honda-Nissan merger is in deep trouble

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The story "$58 billion Honda-Nissan merger is in deep trouble" was covered 15 hours ago by Ars Technica, a news publisher based in United States.

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Ars Technica 15h ago

$58 billion Honda-Nissan merger is in deep trouble - Ars Technica

Quick Summary:

Honda's proposal to turn Nissan into fully owned subsidiary didn't go over well.

The latest proposal, delivered to Nissan at the weekend, deviates from initial plans to bring the two companies under a jointly owned holding company, a structure that would have provided room to retain Nissan’s brand and decision-making powers.

The two rivals announced discussions on a combination in December, but just over 40 days later the talks have already soured, as Honda faces shareholder and internal pressure to take full control of Nissan to turn around the ailing carmaker.