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Nissan's Ghosn crisis

Carlos Ghosn was planning Nissan-Renault merger before arrest

Japanese carmaker's board had opposed deal and was looking for ways to block it

LONDON/TOKYO (Financial Times) -- Carlos Ghosn had been planning a merger between Renault and Nissan before his arrest in Tokyo this week, a deal that the Japanese carmaker's board opposed and was looking for ways to block.

Several Nissan board members expected a bid to materialise in the coming months, according to one person close to the board. Another source said that a merger was likely to happen "within months", and a third said it was under active consideration.

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