Honda ends merger talks with Nissan, cancels three-way partnership

Honda Motor Co. (TSE: 7267) announced the termination of its business integration discussions with Nissan Motor Co., initially aimed at establishing a joint holding company through a joint share transfer. This decision follows a comprehensive review, where Honda proposed alternative structures, including a share exchange that would position Honda as the parent company and Nissan as a subsidiary. Ultimately, both companies agreed that foregoing the merger was the best course of action to prioritize decision-making speed in the rapidly evolving automotive market.