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Nissan wants Renault to reduce its 43.4% stake in company: WSJ

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(Reuters) - Top executives at Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes to revive Renault's merger talks with Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the discussions. Nissan wants Renault to reduce its 43.4% stake in the Japanese auto company, according to emails reviewed by WSJ. Nissan, Renault and Fiat Chrysler were not immediately available for a comment on the report

The post Nissan wants Renault to reduce its 43.4% stake in company: WSJ appeared first on Firstpost.



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