M&A: AMERICAN HONDA FINANCE CORP

Form Type: 8-K

Filing Date: 2024-12-27

Corporate Action: Merger

Type: New

Accession Number: 000119312524285915

Comments: On December 23, 2024, Honda Motor Co., Ltd. (HMC), the parent company of American Honda Finance Corporation (AHFC), filed a Form 6-K disclosing a Notice of Execution of a Memorandum of Understanding (MOU) regarding a potential business integration with Nissan Motor Co., Ltd. This MOU outlines their intent to explore the establishment of a joint holding company. The key focus of this business integration is to acquire scale advantages through the integration of sales finance operations, which will allow both companies to offer enhanced mobility solutions and new financial services throughout the vehicle lifecycle. Additionally, it was mentioned that Nissan and Mitsubishi Motors Corporation have signed a MOU to explore Mitsubishi's involvement in this integration. Details of the Form 6-K are accessible on HMC’s Edgar page.

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