Nissan to invest in Kasai Kogyo

May 9, 2024

YOKOHAMA, Japan - Nissan Motor Co., Ltd. (Nissan) today announced an investment agreement with Kasai Kogyo Co., Ltd (Kasai Kogyo), under which Nissan will acquire newly issued Class A preferred shares of Kasai Kogyo, totaling 6 billion yen.

Nissan's acquisition of the shares is subject to approval at Kasai Kogyo's ordinary general shareholders meeting, completion of regulatory approvals, and other necessary processes.

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