France Says ‘Au Revoir’ to Some of Its Renault Stake

A couple of years ago, the French government increased its stake in Renault to 19.73 percent, boosting its influence and secure double voting rights for longer-term investors – itself included – in an alleged attempt to block a resolution that could've reduced its control over the company. At the time, many viewed it as a […] The post France Says 'Au Revoir' to Some of Its Renault Stake appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA