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Motor1
Motor1
Sport
Christopher Smith

Honda Wants to Kick Renault Out of the Nissan Merger, Report Says

The plot thickens in the proposed merger between Honda and Nissan. Those familiar with the corporate automotive space will know French automaker Renault currently owns 35.7 percent of Nissan. It seems Honda doesn't like that. The Japanese automaker reportedly prefers to merge with a wholly owned Nissan, and has asked if the company can buy those shares back. That would require about $3.6 billion per at current exchange rates.

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