13:42 - 26.08.2025
August 26, Fineko/abc.az. Shares of Nissan Motor Co. fell after news that the Mercedes-Benz Pension Trust plans to sell its stake in the troubled Japanese automaker.
According to ABC.AZ, citing Bloomberg, the trust, which owns 3.8% of Nissan, will sell about 140 million shares, fully exiting its investment, according to the terms seen by the agency. The sale will not affect the current cooperation between Mercedes-Benz and Nissan, the press release said.
Nissan shares dropped 6.8% on the morning of Tuesday, August 26, in Tokyo — the steepest decline since early April. Shares of Mercedes-Benz Pension Trust were offered at 341.3 yen ($2.30) apiece, 6% below Nissan’s closing price on Monday, August 25.
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