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Market
What will be the outcome of Foxconn's negotiation with Renault regarding Nissan stake by June 30, 2025?
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Resolution / Starting Odds
Foxconn acquires full stake • 25%
Foxconn acquires partial stake • 25%
No stake acquired • 25%
Other outcome • 25%
Official announcements from Foxconn or Renault
Story
Foxconn's Jun Seki in France Talks to Acquire Nissan Stake from Renault Amid Electric Vehicle Expansion
Dec 19, 2024, 10:10 AM
Foxconn, the Taiwanese technology giant, is reportedly in discussions to acquire a stake in Nissan Motor Co. from its largest shareholder, Renault. The talks are part of Foxconn's strategy to expand its electric vehicle business. A senior executive from Foxconn, Jun Seki, who previously worked at Nissan, is currently in France to negotiate with Renault officials regarding the potential purchase. This development comes as Nissan and Honda are reportedly exploring a merger, highlighting the shifting dynamics in the automotive industry. Foxconn's interest in Nissan reflects its ambition to diversify into the electric vehicle sector, which is rapidly evolving and attracting significant investment.
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Similar markets
Partial collaboration without full merger • 25%
Merger delayed • 25%
Merger abandoned • 25%
Merger completed • 25%
No merger • 25%
Merger with Mitsubishi included • 25%
Successful merger • 25%
Strategic partnership without merger • 25%
Merger talks ongoing • 25%
Partnership without merger • 25%
Merger completed • 25%
Merger abandoned • 25%
Nissan • 25%
Mitsubishi • 25%
Other • 25%
Honda • 25%
Partnership Instead • 25%
Merger Canceled • 25%
Merger Delayed • 25%
Merger Completed • 25%
Other outcome • 25%
Merger delayed • 25%
Merger completed • 25%
Merger abandoned • 25%