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Market Chatter: Stellantis, Nissan in Talks to Acquire Marelli Assets Amid Bankruptcy

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Stellantis N.V (STLA) and Nissan Motor Co. are in talks to acquire select assets from Marelli Holdings Co., the bankrupt auto-parts supplier currently undergoing a complex Chapter 11 restructuring, Bloomberg reported, citing people familiar with the matter.

Stellantis is in discussions for Marelli's suspensions business in Italy, Poland, Brazil, and Mexico, while Nissan is looking at cockpit assets in Japan, the report said, adding that no certainty exists that deals will be concluded.

Stellantis and Nissan are Marelli's largest unsecured creditors and are involved in restructuring talks due to their close working relationships with the supplier, according to the report.

Stellantis, Nissan and Marelli did not immediately respond to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $5.76, Change: $-0.09, Percent Change: -1.46%

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