Nissan Sells it’s Stake in Daimler AG

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DaveBerlin
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Post by DaveBerlin »

“Nissan Motor Co. said Wednesday that it will sell all of its 1.5% equity stake in German auto giant Daimler AG. The announcement came after Nissan's French partner, Renault SA, unveiled in March its decision to entirely sell its holdings of Daimler shares.” - Dave 🤨

Nissan sells its entire stake in Daimler : https://global.nissannews.com/en/releas ... in-daimler

Nissan to sell its whole stake in Daimler | The Japan Times : https://www.japantimes.co.jp/news/2021/ ... ler-stake/
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QaiFan
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Post by QaiFan »

"allow Nissan to further strengthen and enhance its business competitiveness"
Or ... simply means they ... sure need the extra cash !
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