Nissan Sells A Significant Portion Of Its Shares To Mitsubishi
Mitsubishi announced plans to repurchase a substantial portion of its shares from Nissan, with an order placed on the Tokyo Stock Exchange to buy up to 149,028,300 shares at approximately $3.01 per share. This buyback will reduce Nissan’s current stake in Mitsubishi from 34.07% to 24.05%, effectively altering Nissan’s influence in the company. Despite the […]