Published: Fri, March 30, 2018
Money | By Michele Stevens

Renault shares leap after Nissan merger report

Renault shares leap after Nissan merger report

Both companies are managed by Carlos Ghosn.

The two parties are talking about a deal where Nissan would essentially give shareholders of Renault stock in the new business, said the people. With the rising global trend towards the use of electric & ride-sharing cars, both the firms are aiming to expand their business while strengthening their two-decade-long business relationship.For the record, Renault now holds a 43% stake in Nissan, while Nissan has almost 15% of Renault's shares.

Linda Brown, Kansas Woman Whose Case Outlawed School Segregation, Dies At 76
Kansas Governor, Jeff Colyer, also paid tribute to Brown , the woman who was at the center of a landmark case in American history. The supreme court case, Brown v Board of Education, led to a landmark decision to end school segregation in the US.

A deal would end the current alliance between the companies and marry them as one corporation, said the people, who asked not to be identified as the details aren't public.

In response to this, the Renault-Nissan-Mitsubishi alliance said that any discussion about a share transaction involving Renault, Nissan or the French state was pure speculation, and the French government denied that it was ready to sell its shares to Nissan. It is believed the new automaker may maintain two headquarters, one in Japan and one in France, but there's also a possibility for a single HQ in London or somewhere in the Netherlands.

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The other partnership of note was between Kevin O'Brien and Gary Wilson, who added 47 runs for the sixth wicket from 45 balls. Afghanistan will join fellow qualifier West Indies in the 10-team World Cup in England and Wales from May 30-July 14, 2019.

Renault shares jumped as much as 8.3% in early trading Thursday, hitting the highest intraday level in more than a decade. Nissan shares are down almost 2 percent over the past year, giving the company a valuation of 4.6 $43 billion. According to our source, talks between the two companies have been ongoing for several months now and there's still no final decision taken.

Both the firms are looking forward towards increasing their collaborations to 10 billion euros by 2022 from 2016. "Frankly, I don't even open this subject".

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Skvortsova added that more than 50 people received outpatient medical treatment and were released for home treatment. In addition to long-standing safety violations, "it turns out that fire exits were blocked", Petrenko said.

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