Nissan not in talks with Mitsubishi for deal

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Nissan claims they are “absolutely not” engaged in any discussions to sell its stake Mitsubishi Motors and that they have many projects lined up for the same immediately. This response was collected right after the inaccurate intel that Nissan was considering selling 34% stake in Mitsubishi to help cover the losses which were caused due to the pandemic. While, accurately, this deal would entirely reshape the three-way alliance. Nissan’s stake is worth $975.8 million.

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