TOKYO - Renault will propose a plan to create a joint holding company that would give the French carmaker and Japanese partner Nissan equal footing, a person with knowledge of the issue told Reuters.
That would effectively dilute the French government’s Renault stake to about 7-8 percent from 15 percent. “I have nothing to say about this. We’re not in a position to be discussing ,” Saikawa told reporters late on Friday.The outlook for the Renault-Nissan alliance - one of the world’s leading automaking partnerships - has clouded since the arrest in November of its main architect, Carlos Ghosn, for suspected financial misconduct.
While the automakers have been consolidating many of their operations over the past decade, including procurement and production, many Nissan executives have opposed an all-out merger.
It will remain a proposal only...
RT : Renault to propose joint holding company with Nissan: source
Ah , not sure about this
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Renault to propose joint holding company with Nissan: NikkeiRenault SA will propose to Nissan Motor Co a plan to create a joint holding comp...
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