PRESS CONFERENCE: Nissan and Mitsubishi Motors forge strategic alliance

YOKOHAMA and TOKYO, Japan (May 12, 2016) – Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation announced that they have signed a Basic Agreement today to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC share issue, Nissan will take a 34 percent equity stake in MMC for 237 billion yen.
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