TOKYO, Feb 11 (News On Japan) –
The stalled merger talks between Honda and Nissan, in addition to Nippon Steel’s acquisition bid for US Steel, are within the highlight.
The negotiations for a administration integration between Honda and Nissan have been scrapped in nearly a month after they have been revealed. The speedy breakdown was largely because of the measurement variations between the 2 automakers. In explicit, Nissan’s reluctance to confront its present challenges might result in a resurgence of the very points that sparked the discussions within the first place.
Meanwhile, former U.S. President Donald Trump has weighed in on Nippon Steel’s deliberate acquisition of US Steel, stating that it needs to be thought-about an “investment” quite than a “takeover” and that the Japanese firm wouldn’t be allowed to carry a majority stake. With this new growth, the place does Nippon Steel at the moment stand, and what are its ambitions? Kyodo News financial desk editor Satoshi Matsuo offers insights into the corporate’s place and future outlook.
Understanding the fundamentals of this deal might assist in making sense of the continuing developments surrounding Nippon Steel and US Steel.
Source: Kyodo