Nissan must first sack its CEO before Honda is reportedly willing to resume takeover talks
CEO Makoto Uchida could very well fall on his sword—whether or not Nissan’s board is still interested in a tie-up with its larger domestic rival. Japanese carmaker Honda Motor is reportedly demanding Nissan jettison CEO Makoto Uchida as a condition for reopening acquisition talks that could create the world’s third-largest carmaker by vehicle sales.
Honda ready to revive takeover talks if Nissan CEO Uchida leaves, FT reports
Honda Motor will resume talks with Nissan Motor to form the world's fourth-biggest automaker provided Nissan CEO Makoto Uchida steps down, the Financial Times reported on Tuesday citing a person familiar with discussions.
Honda open to resume takeover talks with Nissan, FT says
Honda (HMC) is willing to resume takeover talks with Nissan (NSANY), provided CEO Makoto Uchida steps down, Harry Dempsey, Kana Inagaki, David
Honda to re-enter Nissan talks if Japanese rival’s chief Uchida leaves
The 58-year-old had been one of the strongest advocates within Nissan for a deal with Honda. However, relations between Uchida and his counterpart Toshihiro Mibe deteriorated as Honda became frustrated with the speed of Nissan’s restructuring and the depth of its financial troubles.
Honda open to reviving merger talks if Nissan CEO exits - report
Honda (NYSE:HMC) is ready to revive merger talks with Nissan (OTCPK:NSANY) if the latter's CEO Makoto Uchida resigns, the Financial Times reported, citing people with knowledge of the matter. Merger talks between the Japanese automakers fell through after Honda (NYSE:HMC) proposed that Nissan (OTCPK:NSANY) become a fully owned subsidiary,
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