The proposed Honda-Nissan merger is at risk of falling apart as the two Japanese carmakers struggle to agree on partnership terms, with Nissan reportedly planning to withdraw from talks due to disagreements over the proposed structure of the deal. Honda, with a market value of 7.92 trillion Yen, sees Nissan, valued at 1.44 trillion Yen and facing financial difficulties, as having less to offer in the partnership. While merger talks may potentially restart, Honda’s request for Nissan to buy out Renault’s stake has caused concerns, with Mitsubishi, initially considering joining the merger, now making arrangements to exist separately.
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Small business not convinced there’s much in Budget for them but see bigger picture
Scott Jones, owner of Diabolik bookstore in Mount Hawthorn, expressed disappointment with the State Budget, noting no changes in payroll tax or energy credits, and feeling it offered little support for small businesses. He acknowledged potential benefits from broader investments in housing and health but emphasized the increasing challenges of running his retail business amid rising expenses and longer working hours. Need More Context? 🔎
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