Thursday, 28 October 2021

Tag Archives: GSR

Nissan abandons $1 billion battery unit sale to GSR

TOKYO: Nissan Motor Co. abandoned a $1 billion deal to sell its electric-battery business because the prospective buyer failed to raise the money required. The Japanese automaker announced it was canceling the sale to GSR Capital, saying in a statement on Monday the Chinese private-equity firm didn’t have sufficient funds. ...

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