Deals

Nissan Is in Talks to Buy France's Renault Stake: Reuters

Renault SA Chief Exectutive Officer Carlos Ghosn Unveils The Automaker's New Kwid Compact — Photographer: Dhiraj Singh/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Tom Lavell

March 7, 2018 at 4:01 PM UTC

This article is for subscribers only.

Nissan Motor Co. is in talks to buy most of the French state’s stake in partner Renault SA as the carmakers tighten cooperation, Reuters reported, citing unidentified people close to the matter.

Discussions with government officials include France giving up influence at Renault while the manufacturer would relinquish control over its Japanese counterpart, the newswire reported. Renault stock surged as much as 13 percent, the most since August 2009.