Nissan and Honda, two of Japan's largest car companies, have announced that they're beginning merger talks. The two automakers have agreed to continue discussions on building a "strategic ...

The company's shares closed 12% higher on Tuesday. Besides the merger discussions, Honda said on Monday that it would buy back as much as 1.1 trillion yen, or about $7 billion, worth of its stock ...

It’s official. The Saks Fifth Avenue-Neiman Marcus Group (NMG) merger is done. Now luxury retailers Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, plus off-price Saks Off 5th and Neiman ...

They also pointed to the last major merger in the industry: the creation of Stellantis in 2021, to show that such endeavors are challenging to pull off successfully. Stellantis, owner of Jeep ...

Fresh from the breakup of the proposed Kroger-Albertsons merger, company executives and union leaders are negotiating new contracts for the supermarket chains’ Colorado employees. The bargaining ...

TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic ...

Honda concurrently announced a $7 billion share buyback, signaling confidence in its financial health even as it prepares for the merger. The collaboration is driven by mounting challenges from ...

Honda CEO Mibe on Monday said some of the company’s shareholders may feel that the deal would represent Honda supporting Nissan, but noted the merger was “based on the assumption that Nissan ...

A merger could result in a behemoth worth about $55 billion based on the market capitalization of all three automakers. Joining forces would help the smaller Japanese automakers add scale to ...

Based on the market capital of all three companies, a finalized merger could result in an entity worth more than 50 billion dollars. Honda will initially lead the management of the merged company ...

Dec. 23 (UPI) --Japan's Honda and Nissan said Monday they had embarked on formal merger talks that would create the third-largest car manufacturer globally with sales of as much as $191.4 billion ...

New York (CNN) — Honda and Nissan have formally agreed to hold talks over the next six months on a possible merger, a deal that would create the world’s third-largest automaker and give them ...