Renault to offload 5% stake in Nissan Motor Co at a loss of 1.5 billion euros
Renault is selling around 5% of its stake in partner Nissan Motor., offloading the stock as part of a share buyback by the Japanese carmaker. The move follows last month’s finalisation of a plan for Renault to reduce its interest in Nissan. The stake sale is valued at around 765 million euros (Rs 6,722) but […]