Nissan Motor Co. NSANY CEO Makoto Uchida has actually notified Honda Motor Co HMC CEO Toshihiro Mibe of his intent to end conversations on a possible merger, Asahi reported Thursday.
Nissan’s stock increased 2.09% to 395 Japanese Yen ($ 2.59) on the Tokyo exchange, while Honda fell 4.10% to 1,438 Japanese Yen ($ 9.44).
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