Renault SA
0.02 (0.05%)
Share Name Share Symbol Market Type
Renault SA EU:RNO Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.05% 37.60 37.30 37.70 37.73 37.255 37.69 898,038 16:40:00

Renault, Nissan Close to Deal Addressing Uneven Stakes, FT Reports

21/10/2022 8:26am

Dow Jones News

Renault (EU:RNO)
Historical Stock Chart

From Oct 2022 to Apr 2023

Click Here for more Renault Charts.

--Auto makers Renault SA and Nissan Motor Co. are closing in on a deal that would lower the French company's uneven voting rights in its Japanese partner as the pair look to ensure their alliance continues, the Financial Times reports, citing unnamed sources.

--Under the deal, Renault's stake in Nissan would fall to 15%, equivalent to Nissan's own stake in Renault, the FT reports. As previously mooted by the two companies, it would also see Nissan invest in Renault's new electric-vehicle business, the newspaper says.

--An agreement could be reached in the coming weeks, the FT reports.


Full story: https://on.ft.com/3gsP7HZ


Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby


(END) Dow Jones Newswires

October 21, 2022 03:11 ET (07:11 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Renault Chart

1 Year Renault Chart

1 Month Renault Chart

1 Month Renault Chart
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20230401 20:10:48