Renault-Nissan peace deal dilutes French state's power

December 12, 2015 By La rédaction de Mediapart

Renault's board approves capping French state's increased weight in shareholder votes and to abandon Renault's right to control Nissan strategy.

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The Renault-Nissan alliance has drawn a line under an eight-month power struggle with the French government, with a compromise deal balancing increased state influence at Renault with weakened control over its Japanese affiliate, reports Reuters.

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Renault-Nissan peace deal dilutes French state's power

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