Quote:
Originally Posted by Dr Smith
I'm not up to speed but why does Renault selling down it's ownership % and it's not all
of their holding they are selling at the moment, put Nissan at risk?
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The Alliance is a very complicated deal. All 3 companies remain separate, traded, public companies. With Nissann and Renault cross-holding stakes in each-other, and Nissan owning around a 3rd of Mitsubishi.
They are all equal partners in the alliance, and supposedly the shareholder acts to keep them all acting in mutual best interests.
Collectively, the Alliance is a big player.
I guess the concern is that Renault is cooling on the Alliance, and may seek to unwind their participation