Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Tuesday, 19 September 2017

RENAULT : ACQUISITION OF THE NISSAN'S SHARE IN ALLIANCE ROSTEC AUTO B.V

RENAULT    

Published: 17:45 CEST 19-09-2017 /GlobeNewswire /Source: RENAULT / : RNO /ISIN: FR0000131906


 

 

 


Renault SA

13/15 quai Alphonse Le Gallo

92100 Boulogne-Billancourt

 

 

 

Boulogne-Billancourt, September 19th, 2017

 

 

 As part of the on-going process for restructuring AVTOVAZ's capital, Groupe Renault has acquired the 9.15% share that its Alliance partner Nissan owns in the J.V. Alliance Rostec Auto B.V. (ARA BV), the major shareholder of AVTOVAZ PJSC with 64,6% of its capital.

 

 

 

En conséquence, conformément aux normes en vigueur, le Groupe Renault consolidera le bilan d'AVTOVAZ au 31 décembre 2016, et son compte de résultats à partir du 1er janvier 2017.

 

 




ACQUISITION NISSAN SHARE IN ALLIANCE ROSTEC AUTO BV



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: RENAULT, 13-15, quai Alphonse Le Gallo, BOULOGNE BILLANCOURT 92100, France
If you would like to unsubscribe and stop receiving these e-mails click here.