Renault, Nissan Close to Deal Addressing Uneven Stakes, FT Reports
21 10월 2022 - 4:26PM
Dow Jones News
--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.
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