Nissan enters new era of turmoil as Effissimo takes stake
The big question is whether CEO Makoto Uchida can deliver a turnaround or be forced to make more drastic changes by an influential outsider.
Nissan shares jump 21% after activist Effissimo takes stake
Nissan Motor shares jumped as much as almost 21% on Tuesday after a filing showed activist investor Effissimo Capital Management had taken a stake in the struggling Japanese automaker.
Nissan Surges After Firm Linked to Hedge Fund Takes 2.5% Stake
Nissan Motor Co. shares jumped the most in 15 years after an activist investor took a 2.5% stake in the embattled Japanese automaker.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion,
Nissan shares surge after activist investor takes stake
Shares in Nissan surged as much as 20 per cent on Tuesday, after a fund managed by activist investor Effissimo Capital Management was revealed to have taken a stake in the struggling Japanese automaker.
Nissan Motor Shares Jump After Activist Investor Builds Stake
Nissan Motor shares jumped their most in a decade and a half after an activist investor took a stake in the Japanese carmaker in the midst of turnaround efforts.
Investor seen linked to activist fund takes 2.5% stake in Nissan
An investor possibly linked to an activist fund has obtained a stake of 2.5 percent in Nissan Motor Co., a regulatory filing showed Tuesday, lifting shares of the Japanese automaker as much as 20 percent.
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Nissan’s planned job cuts not related to potential Trump tariffs, company says
A company spokesperson said the move is not related to any possible tariffs that President-elect Donald Trump might impose. Trump had threatened to impose tariffs of 25% to 100% on imports from Mexico ...
Japan's Newfound Love of M&A Makes for Strange Bedfellows
From Nissan to Seven & i, Japan’s landscape for deals is making for some once-unthinkable alliances. But not every deal ...
Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a ...
Nissan Faces Record Debt Bill With One Year Left to Fix Finances
Nissan Motor Co. will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount ...
Nissan Cuts 9,000 Jobs Amid Declining Sales and Rising Costs
Nissan announced it will cut 9,000 jobs after experiencing a decline in sales during the most recent fiscal quarter.
What's Nissan's plan to stay in the game after 9,000 layoffs and CEO pay cut?
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and ...
Nissan, hurt by US and Chinese sales, slashes 9,000 jobs globally; CEO to cut pay in half
TOKYO — Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said Thursday, as it ...
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
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Nissan And Mitsubishi Team Up To Develop EVs And Autonomous Driving Tech
While many specifics and details regarding the partnership are still rather sparse, both Nissan and Mitsubishi entered the agreement pledging to fund the project equally, with pro ...