Mercedes-Benz' pension trust sells Nissan holding for $324 million, source says-August 2024-www.financetom.com

Mercedes-Benz' pension trust sells Nissan holding for $324 million, source says

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Mercedes-Benz' pension trust sells Nissan holding for $324 million, source says

Aug 25, 2025 10:24 PM

TOKYO (Reuters) -The pension trust of German automaker Mercedes-Benz has sold its entire shareholding in Japan's Nissan Motor for 47.83 billion yen ($324.65 million), a source said on Tuesday.

The secondary sale of shares were priced at 341.3 yen ($2.32) per share, the source said, a 5.98% discount to the closing price on Monday of 363 yen.

($1 = 147.3300 yen)

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