Newsclip®: [Business] Nissan buys a 34% stake in Mitsubishi handing scandal-hit carmaker a lifeline | Business News | News | The Independent

"Nissan Motor will purchase a 34 per cent stake in Mitsubishi Motors, as Japan’s second-largest automaker comes to the aid of its minicar partner rocked by a fuel-economy testing scandal. Mitsubishi Motors will sell about 237.4 billion yen ($2.2 billion) in shares to Nissan, according to a statement. The purchase is poised to vault Nissan past Mitsubishi group companies to become the single-largest shareholder of one of Japan’s smallest carmakers.",

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