Nissan sours on merger with Honda, set to call off plan, sources say
TOKYO — Nissan is set to call off merger talks with rival Honda, a source said Wednesday, abandoning a $60 billion-plus tie-up that would have created the world's No. 3 automaker and raising questions about how it will drive a turnaround by itself.
The pair are discussing various options, including the possibility of withdrawing from deal talks, according to statements.
Several sources connected to the matter noted that the merger talks between Nissan and Honda could end, noting that the two ...
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