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Per Reuters, if Nissan sells a 5% stake in Renault, it could raise around ¥100 billion at the current market value. Nissan currently holds a 15% share in Renault, based on LSEG data.
Renault SA is open to reducing its stake in Nissan Motor Co. as the partners bargain over the French automaker’s plan to split its electric-car and combustion-engine vehicle assets, according to ...
French carmaker Renault will report an extraordinary loss of about 9.5 billion euros ($11 billion) on its stake in Nissan Motor in the first half, it said on Tuesday, writing down its years-long ...
The market value of Nissan is currently about 1.3 trillion Japanese yen, which is approximately 9.1 billion dollars, Reuters writes.
Previously, Nissan had held a 15% non-voting stake in the French company, while Renault owned about 43% of Nissan . The move marks a significant milestone in the 24-year-old auto alliance.
Nissan is pressing Renault to cut its 43% stake in the Japanese group to as little as 15%, Reuters reported on Oct. 8. That could be in exchange for Nissan agreeing to invest in the new electric ...
LONDON, Feb 6 (Reuters) - Japanese car maker Nissan (7201.T), opens new tab will buy a stake of up to 15% in Renault's (RENA.PA), opens new tab electric vehicle (EV) unit Ampere, the pair said on ...
The French carmaker said it would change the way it accounts for its stake in its long-term Japanese partner, based on Nissan ...
Renault plans to sell a 5% stake in Nissan Motor back to the Japanese carmaker for up to 765 million euros ($823.6 million). The French company said Tuesday that the sale of the Nissan shares ...
Per Reuters, if Nissan sells a 5% stake in Renault, it could raise around ¥100 billion at the current market value. Nissan currently holds a 15% share in Renault, based on LSEG data.
Nissan Motor Co., Ltd. NSANY plans to reduce its ownership stake in its long-standing French partner Renault SA RNLSY to allocate more resources toward the development of new vehicles. Per Nikkei, ...