Foxconn confirms eyeing stake in Nissan
New Taipei | The chairman of Taiwan’s Foxconn said on Wednesday that the company’s aim was cooperation with Nissan, not acquisition, as the Japanese automaker’s future hangs in the balance after stepping back from merger talks with Honda.
The struggling Nissan is again at a crossroads after sources said last week that negotiations with bigger rival Honda to create the world’s No. 4 automaker had been complicated by growing differences.
Bloomberg and Reuters
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