Nissan abandons billion battery unit sale to Chinese fund

02 July 2018, 08:00
Nissan abandoned a $1 billion deal to sell its electric-battery business because the prospective buyer -- Chinese private equity firm GSR Capital -- failed to raise the money required. Nissan and GSR were due to close the transaction by June 29.
Source: http://www.autonews.com/article/20180702/COPY01/307029961/nissan-abandons-1-billion-battery-unit-sale-to-chinese-fund

Back to news list