7201.JP, 7267.JP

, 7267.JP

--/--/-- --:--:-- Back to news

Date: --/--/-- --:--:--
Event Id: E564N3O8H
Action Type: MERGER
Action Status: PROPOSED
Acquirer Symbol:
Target Symbol: 7267.JP
Updated: --/--/-- --:--:--
Purchase Price Per Share:
Price Per Share Currency:
News References: https://global.honda/en/investors/library/filings/filings2024122302/main/0/link/CY2024_20241223_TSEfling_e_2.pdf

Action Notes

Nissan Motor Co., Ltd. ("Nissan"), Honda Motor Co., Ltd. ("Honda"), and Mitsubishi Motors Corporation ("Mitsubishi Motors") have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors' participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda.The aim is to have a formal merger agreement by June and to complete the deal and list the holding company on the Tokyo Stock Exchange by August 2026, he said.