TOKYO :Shares of Nissan Motor Co Ltd dropped 4 per cent in early trade on Monday, following a report that top shareholder Renault SA may consider lowering its stake in the Japanese automaker.
On Friday, Renault said all options were on the table for separating the electric vehicle business, including a possible public listing in the second half of 2023. In January they said they would work more closely together to make electric cars. They detailed a $26 billion investment plan for the next five years.
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Nissan shares fall 4% on report Renault exploring stake saleTOKYO : Shares of Nissan Motor Co Ltd dropped 4 per cent in early trade on Monday, following a report that its top shareholder Renault SA is exploring a potential stake sale.Bloomberg reported on Friday that Renault may consider lowering its stake in Nissan as part of its plans to separate its electric ve
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Nissan shares fall 4% on report Renault exploring stake saleTOKYO : Shares of Nissan Motor Co Ltd dropped 4 per cent in early trade on Monday, following a report that its top shareholder Renault SA is exploring a potential stake sale.Bloomberg reported on Friday that Renault may consider lowering its stake in Nissan as part of its plans to separate its electric ve
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »