Mercedes-Benz announced yesterday the sale of its entire stake in Nissan Motor for 47.87 billion Japanese yen (roughly equivalent to 2.321 billion Chinese yuan). The transaction encompassed 140.1 million shares, with each share priced at 341.3 Japanese yen (approximately 16.6 Chinese yuan). The German automaker explained that the move was aimed at streamlining its investment portfolio, as these shares had been transferred to pension assets since 2016 and did not align with its strategic investment objectives.
