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Nissan cuts stake in MMC

By Yahoo! Finance   |   Nov 8, 2024 at 05:53 AM EST
Nissan cuts stake in MMC

Nissan plans to sell 149 million shares in Mitsubishi Motors Corp. as part of a restructuring to reduce costs. This move will decrease Nissan's stake to 34% and support MMC's management strategy while boosting Nissan's financial flexibility.

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