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Automakers Renault, Nissan make cross-shareholdings equal

Automakers Renault, Nissan make cross-shareholdings equal

TOKYO (AP) — Nissan and Renault have changed their mutual cross-shareholdings equal at 15%, ironing out a source of conflict in the Japan-French auto alliance, both sides said Monday. Up to now, Renault Group has held a 43.4% stake in Nissan Motor Co., potentially giving it a larger say in how the company is run. […]

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