Nissan Considers Sale of Yokohama F. Marinos
Nissan plans to sell its nearly 75% stake in the Yokohama F. Marinos soccer club amid a $4.5 billion loss and corporate restructuring efforts, sources say.
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6 Articles
Nissan Mulling Sale of Yokohama F. Marinos Soccer Club as Part of Restructuring Efforts
Nissan Motor Co. is considering selling some or all of its stake in the Yokohama F. Marinos, a professional soccer club in Japan’s J. League, as part of its restructuring efforts, it has been learned.
[NHK] It has been revealed that Nissan Motor Co., Ltd. has approached several companies about selling its shares in the company that manages the J1 soccer team Yokohama F. Marinos.
Nissan Can’t Stop Losing Money So Its Soccer Team Might Have To Go Too
Nissan is reportedly shopping around its majority stake in Yokohama F. Marinos. The team began in 1972 as Nissan’s in-house soccer club before gaining success. Reports claim Nissan has approached potential buyers, including a major IT firm. Nissan has seen better days, so the company is making a number of cuts to help right the ship. While many of these efforts have focused on personnel and plants, the automaker is now said to be shopping around…
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