Overview

• Mercedes-Benz Pension Trust sold its entire 3.8% holding in Nissan, raising about ¥47.8 billion, with the placement priced at ¥341.30 per share at roughly a 6% discount.
• Nissan shares fell 6.25% to ¥340.3 at the close in Tokyo after dropping as much as 6.8% intraday, marking one of the steepest declines in recent months.
• Deal documents showed the offer was marketed in a ¥337.5–¥345 range, with settlement scheduled for August 28.
• Mercedes-Benz characterized the stake as non‑strategic and part of a portfolio cleanup, and the companies said ongoing joint projects would remain unaffected.
• The move adds pressure on a company restructuring under the Re:Nissan plan, which calls for about 20,000 job cuts and plant reductions to 10 by 2027 after a $535 million quarterly loss and suspended guidance.