The new management will be led by Honda, who will uphold each company’s values and brads. According to him, they want to finalize the acquisition and list.
The holding company on the Tokyo Stock Exchange by August 2026, with a formal merger agreement expected by June.
According to Mibe, the official discussions are only getting started and no monetary value was provided.
He said that there are “points that need to be studied and discussed.” “To be honest, there is a chance that this won’t be implemented.”
Based on the market capitalization of all three manufacturers, a combination might create a giant valued at over $50 billion.
With their combined size, Honda, Nissan, and Mitsubishi would be able to take on Toyota Motor Corp.
