Nissan Will Raise Funds By Selling Its Shares In Mitsubishi

Nissan Will Raise Funds By Selling Its Shares In Mitsubishi Nissan will raise funds by selling its shares in Mitsubishi. Nissan, is planning to sell some or all of its shares, along with these news Nissan shares increased by 5 percent. Nissan Motor plans to sell its entire 34 percent stake in Mitsubishi Motors. However, there will be a change in the partnership structure between Renault, Nissan and Mitsubishi. Following the media reports, Nissan's shares increased by 5 percent, while Mitsubishi's shares gained 3 percent. Speaking to Reuters, Nissan company spokesperson said, "There are no plans to change the capital structure with Mitsubishi." Having difficulty recovering financially after the coronavirus epidemic, Nissan may consider raising funds by selling its shares in Mitsubishi Corp, one of Mitsubishi's group companies. Such an agreement may cause a change in the tripartite partnership structure. Carlos Ghosn, former president of the trio partnership, wanted Renault and Nissan to be fully merged.