Daily Cuts - U-turn on Nissan-Honda merger

Merger talks between Honda Motor and Nissan Motor turned out to be short-lived, with the latter rejecting the deal after the two failed to agree on the valuation of the carmakers under a holding company. Andrea Heng and Hairianto Diman look at the possible reasons for the collapse of this deal, and what’s next for both car brands with Vivek Vaidya, Partner, Frost & Sullivan