As of 10:30 a.m. on the 23rd (local time), Honda's stock price was trading at around $26, up 12% from the previous day, following this news.
According to Reuters, Honda and Nissan have signed a memorandum of understanding (MOU) to make the merger official and will begin discussions with the aim of reaching a final contract in June next year.
The merger will be carried out by establishing a new holding company into which the two companies will be incorporated. The two companies said they plan to complete the final merger in 2026.
2024/12/24 09:58 KST
Copyrights(C) Edaily wowkorea.jp 88