News Formal

Nissan would review Renault ties after FCA merger: CEO

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Nissan would carry out a 'fundamental review' of its relationship with alliance partner Renault if it accepted a merger proposal from Fiat ...

PARIS/MILAN: Nissan would carry out a"fundamental review" of its relationship with alliance partner Renault if it accepted a merger proposal from Fiat Chrysler, the Japanese carmaker said on Monday.

FCA is engaged in intensive discussions with Renault and the French government over the US$35 billion merger proposal it pitched last Monday to create the world's third-biggest carmaker. FCA and Renault have stressed they want to preserve the Renault-Nissan alliance - already strained by the arrest and ousting of chairman Carlos Ghosn, who is now facing trial in Japan for financial misconduct charges he denies.Renault owns roughly 43 percent of Nissan, while Nissan's 15 percent reciprocal Renault holding carries no voting rights.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nissan tells Renault 'not opposed' to Fiat Chrysler merger plan: NikkeiNissan on Wednesday told Renault it wasn't opposed to its partner's potential US$35 billion merger with Fiat Chrysler, the Nikkei newspaper said, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Nissan tells Renault 'not opposed' to Fiat Chrysler merger plan: NikkeiNissan on Wednesday told Renault it wasn't opposed to its partner's potential US$35 billion merger with Fiat Chrysler, the Nikkei newspaper said, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Renault and Fiat Chrysler stuck over merger terms: ReportPARIS: Talks between Fiat Chrysler and Renault have hit a roadblock over the financial terms of the proposed merger between the Italian-US and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

CBS board plans merger talks with Viacom: CNBCCBS Corp's board is preparing for merger talks with Viacom Inc, CNBC reported ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asian shares follow Europe higher on EU relief, auto mergerAsian shares tracked European gains on Tuesday, as relief over EU election results eased concerns about political difficulties in the bloc and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »