Wednesday, June 20, 2007

Renault CEO: No hint of French move to sell stake

(Reuters) - "Renault shares have been booming lately," he told reporters after partner Nissan Motor Co.'s annual shareholders meeting in Japan. He attributed the historic highs reached this month to investor confidence in Renault's financial performance.



"Obviously, the more the shares go up, the more people start to speculate that maybe the French state is moving to sell ," he said.


Read more at Reuters.com Mergers News

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