Foxconn Halts Nissan Acquisition Bid Amidst Pivotal Honda Merger Talks

Foxconn Halts Nissan Acquisition Bid Amidst Pivotal Honda Merger Talks

Foxconn Halts Nissan Acquisition Bid Amidst Pivotal Honda Merger TalksOn December 21st, Bloomberg, citing sources familiar with the matter, reported that Hon Hai Precision Industry (Foxconn's parent company) has temporarily shelved its plans to acquire Nissan Motor Co. This move is directly linked to the ongoing, in-depth merger negotiations between Nissan and Honda Motor Co...