The news caused a strong reaction in the Tokyo Stock Exchange: the brand’s titles came to retreat 6.8% on Tuesday, the most pronounced fall since April.
Mercedes-Benz Pension Trusthe German Automotive Pension Fundhe decided to part with all his participation in Nissanequivalent to 3.8% of the capital of the Japanese firm. The operation will imply the sale of about 140 million sharesfor an approximate amount of 300 million euros.
According to the terms of the agreement, the separation will not have an impact on the joint projects that both companies currently maintain. Transaction settlement is scheduled for August 28.
The news caused a strong reaction in the Tokyo bag: Nissan’s titles came to retreat 6.8% on Tuesday, the most pronounced fall since April. The placing price of the shares was 341.30 yen (about 1.98 euros), which represents a 6% discount compared to the previous closure.
Mercedes-Benz detached himself from his participation in Nissan and aggravated the Japanese firm crisis
In parallel, Nissan is going through a complex restructuring process to face the most severe financial crisis of the last twenty years. His CEO, Iván Espinosaannounced in May the Elimination of 20,000 jobs and the closure of seven floors, reducing the global production network of 17 to 10 factories.
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Although the reduction of tariffs in the US arranged by the president Donald Trump It brought a certain relief, the company projects operational losses of 180,000 million yen (about 1,048 million euros) between April and September, and keeps its forecasts for the fiscal year that will conclude in March 2026.
Source: Ambito
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