Renault board to review FCA merger proposal Tuesday
Auto May 31, 2019, 0 Comment 6Renault directors will decide whether to open formal talks with FCA over a $35 billion merger offer. France, Renault’s biggest shareholder with a 15 percent stake, reiterated its support for the deal on Friday – on condition that it preserve French industrial jobs and sites, safeguard an alliance with Nissan and sign up to a nascent European battery manufacturing project.
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