Japan drugstore giants Cocokara and Matsumotokiyoshi in merger talks
Major drugstore chain Cocokara Fine Inc. said Wednesday it will enter merger negotiations with industry peer Matsumotokiyoshi Holdings Co. If the two giants merge, they would create an industry leader with sales of some ¥1 trillion. Amid intensifying competition, further realignment moves are likely to follow, ...
Nissan and Renault considering restructuring for Fiat merger: report
Nissan Motor Co. and Renault SA eye changes to their partnership in order to reinvigorate merger negotiations with U.S.-Italian automaker Fiat Chrysler Automobiles NV.
One-stop bourse handling stocks and commodities to launch in Japan in summer 2020
Japan Exchange Group Inc. (JPX) and Tokyo Commodity Exchange Inc. said Tuesday they have agreed on a merger to launch the country's first all-in-one exchange that can handle both stocks and commodity futures. The bourses hope that the new exchange, to be introduced in summer ...
No need to review Renault-Nissan capital relationship, says French President Emmanuel Macron
Frances president says there is no need for Paris to lower its stake in Renault, and that his government sees no reason to review the current capital structure with Nissan.
Nissan shareholders express concern over strained partnership with Renault
A number of stakeholders showed distrust toward Renault, as the two automakers have clashed over a proposed merger and Renault’s recent attempt to tie up with Fiat Chrysler.
Macron to discuss Renault and Nissan with Abe next week, French official says
French President Emmanuel Macron will discuss the situation regarding the alliance between carmakers Renault and Nissan with Prime Minister Shinzo Abe next week, an official at Macron's Elysee office said. "There will certainly be a discussion during the meeting with Prime Minister Abe about questions ...
Nissan to accept Renault request for more representation on new committee: sources
Nissan will accept Renault’s request for more representation on the Japanese carmaker’s new board committees in a bid to secure approval for its governance reform proposal, sources say.
Revival of Fiat-Renault deal hinges on Nissan's backing and France's role
As Fiat Chrysler Automobiles NV and Renault SA move on from their failed merger talks, a revival of discussions would depend on overcoming at least two major obstacles. Fiat blamed "political conditions in France" when it withdrew its proposal, and a signal from the French ...
Renault SA Chairman Jean-Dominique Senard said Wednesday he was unhappy with a part of Nissan Motor Co.'s plans to bolster corporate governance following the arrest of former Chairman Carlos Ghosn. At an annual shareholders meeting in Paris, Senard said Renault CEO Thierry Bollore should be ...
Renault's Jean-Dominique Senard weakened as Macron snubs meeting, say sources
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources told Reuters, raising questions over Senard's future. News of the rebuff came as Renault shareholders met on Wednesday to ...
Nissan extends olive branch to Renault as relations hit new low
In an interview with the Financial Times, Saikawa said Nissan must “make our peace” with the French carmaker and that the companies need to “stabilize and reinforce” their partnership.
Revival of Fiat Chrysler merger plan may hinge on Renault cutting its stake in Nissan
Nissan is poised to urge Renault to significantly reduce its 43.4 percent stake in the Japanese company in return for supporting any FCA-Renault tie-up, sources said.
