The Mercedes-Benz Pension Trust will sell its $346 million Nissan stake
The Mercedes-Benz pension trust intends to sell its $346 million interest in Nissan, raising more doubts about the automaker’s ability to recover as its stock declines.
A term sheet revealed on Monday indicates that Mercedes-Benz’s (MBGn.DE) pension trust is getting ready to sell its about $346 million stake in Nissan Motor Co. As the share price of the troubled Japanese manufacturer has already dropped by roughly 24% since the start of 2025, the anticipated divestiture puts additional pressure on it.
Declining sales volumes, a widespread restructuring push, and the effects of US tariffs are just a few of the difficulties facing Japan’s third-largest automaker. Doubts among investors have also been raised about Nissan’s recovery plan, which focuses on stopping production at a few facilities in Japan and abroad in order to reduce expenses and boost profitability.
According to the term sheet, shares would be offered for sale at a discount of 4.96% to 7.02% from Nissan’s most recent closing price of 363 yen on Monday, in the range of 337.5 to 345 yen each. The deal’s price is expected to be finalized by Tuesday’s opening of the Tokyo Stock Exchange, and settlement is anticipated by Thursday.
Mercedes-Benz and Nissan have not provided any comments regarding the proposed divestment.
