Tag #Merger Failure

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Nissan Appoints New CEO Amidst Business Slump, Failed Honda Merger

Nissan Motor Co. appointed Ivan Espinosa as its new CEO on April 1st, replacing Makoto Uchida, after merger talks with Honda collapsed due to Honda's subsidiary proposal. Espinosa aims to revive Nissan's business, which suffered over a 90 percent profit drop in nine months, and faces challenges in t...

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