Japan Nissan to take over Thai Nissan unit-report

Newswire

BANGKOK, March 31 (Reuters) - Nissan Motor Co will sign a deal in Bangkok next week to take over production and distribution of Nissan automobiles in Thailand from Siam Motors group, a newspaper said on Wednesday. The Japan's third largest auto maker would increase its stakes in Siam Nissan Motor and Nissan Sales, the distribution company, and Siam Nissan Automobile, the production company, to 75 percent, the Nation newspaper reported. "Siam Motors had wanted to keep a 25.1-percent stake ...

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