The move, which Renault said will reflect a loss on its initial investment of up to €1.5 billion ($1.62 billion), will be the first tranche of a series of share sales by Renault to reduce its Nissan stake to 15% from around 43%.
To do so, it has placed a 28.4% in a trust and is expected to sell down that holding gradually. Nissan, which has a right of first offer on the shares, will buy back the 5% stake.
Diese Geschichte stammt aus der December 13, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der December 13, 2023-Ausgabe von Mint Mumbai.
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