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 and Renault had said in March they had agreed to reduce their required minimum stake in each other to 10% from 15%. Under their agreement, any share sale has to be coordinated with the ...

Renault will book a one-off loss of about 9.5 billion euros ($11 billion) on its stake in Nissan Motor, the French carmaker said on Tuesday, writing down its years-long investment in its Japanese ...

Nissan's recovery focuses on cost cutting, plant closures, and a pivot to hybrid technology to regain competitiveness. Read ...

The companies will be able to reduce their cross-ownership to 10%, from 15% previously, Renault said Monday. The move allows Nissan to sell as much as one-third of its Renault stake, which could ...

The situation has been further complicated by Renault's ongoing reduction of its Nissan stake, which stands at 36 per cent, and plans to offload an 18.7 per cent share held in a French trust.

Renault RNO1.27%increase; green up pointing triangle said it would take a roughly $11 billion charge on its stake in Nissan 7201-0.53%decrease; red down pointing triangle after changing the way it ...

Renault confirmed its forecast of free cash flow of at least 2 billion euros in 2025, despite an impact of approximately 200 million euros from acquiring Nissan's stake in the Indian business.

In 2001, after Nissan successfully turned around from the brink of bankruptcy, it purchased a 15% stake in Renault. In response, Renault increased its stake in Nissan to 43.4%.

Renault SA wants a premium for its stake in Nissan Motor Co. if Honda Motor Co. takes over control of the rival Japanese automaker, according to people familiar with the matter.. Representatives ...

Nissan shares fell 2.4% on Tuesday to 341.8 yen, trading well below the 400 yen mark at which Renault valued the stock when it increased its stake in the Japanese automaker in 2002.