- Nissan and Renault will make an announcement in the coming days on their restructured alliance and have finalised the deal, three people familiar with the matter said, capping 10 months of sometimes tense negotiations.
- The automakers announced a framework agreement in February and had aimed to finalise negotiations as early as March.
- Under the framework, the Japanese automaker would take as much as 15% of Renault's new electric vehicle unit, Ampere, while Renault would reduce its 43% stake in Nissan.
-
read more at reuters.com
previous articleFTC And DOJ Lay Out New Rules For Merger Review To Reflect A Digital Economy
next articleDuolingo Rival Preply Banks $70 Million To Push Into AI