Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports
Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports
Published by Global Banking and Finance Review
Posted on December 20, 2024
(Reuters) - Taiwan's Foxconn is pausing its interest in Nissan Motor as the Japanese automaker explores a potential merger with Honda Motor, Bloomberg News reported on Friday, citing people familiar with the matter.
Foxconn's decision follows a delegation's meeting with Nissan's top shareholder, Renault, in France, the report said.
(Reporting by Bipasha Dey in Bengaluru; Editing by Abinaya Vijayaraghavan)