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Asia Times

Covering geo-political news and current affairs across Asia

Tag: GSR Capital

Posted inJapan, Northeast Asia

Nissan to sell battery unit to China’s GSR Capital

by Asia Unhedged August 9, 2017February 18, 2020

Nissan Motor company has agreed to sell its electric battery business to Chinese investment firm GSR Capital, Reuters reports. Under the deal, Nissan will first buy the minority stake held by NEC, after which GSR will pay US$1 billion in total to acquire the unit, according to a person with direct knowledge. The business includes […]

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