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Renault to lower its 43% stake in Nissan to 15%
short by Hiral Goyal / on Monday, 30 January, 2023
French automaker Renault has agreed to lower its stake in Nissan Motor to restructure their decades-long alliance, the companies announced in a joint statement on Monday. Renault will reduce its stake from just over 43% to 15%, the same size as Nissan's stake in Renault. The carmakers first signed their coalition in March 1999.
read more at Moneycontrol