KKR Is Said to Consider Nissan Investment After Honda Talks End.
KKR & Co. is considering investing in Nissan Motor Co., people familiar with the matter said, after the struggling Japanese automaker’s talks to combine with rival Honda Motor Co. failed.
The US-based private equity firm is in the early stages of evaluating an equity or debt investment to improve Nissan’s financial position, the people said, asking not to be identified because the deliberations are private.
Talks are ongoing and KKR may decide not to pursue a deal, the people said. Representatives for KKR and Nissan declined to comment.
KKR has long had a presence in Japan, with investments including auto-parts supplier Marelli Holdings Co. The 2022 restructuring of Marelli cost the firm the $2 billion it invested in the company. Banks that lent to Marelli lost ¥450 billion ($2.9 billion).
Source: FINANCE.YAHOO