Current Affairs · Business and Corporate Agreements
With reference to the strategic alliance restructuring agreement between Renault and Nissan finalized in late 2023, which of the following statements is true?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Renault will transfer 100% of its Nissan shares into an independent American trust.
- 2Both Renault and Nissan will hold a balanced cross-shareholding of 15% in each other.✓
- 3Nissan will completely divest its entire 15% shareholding in Renault.
- 4Renault will increase its direct voting rights in Nissan to 43.4%.
Correct answer
Both Renault and Nissan will hold a balanced cross-shareholding of 15% in each other.
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