Combining the two accounts, we can conclude that the French government asked to delay the vote to approve the merger for one reason or another. And that the request for a delay was apparently enough to convince FCA to call it quits on the deal.
But the USN report instead claims that Nissan, a major Renault partner, was the reason the French government wanted to delay the deal. If you need a refresher, Nissan and Renault are partners that each own sizable portions of each other. Nissan owns 15% of Renault, though its shares don’t come with voting power, while the French carmaker owns 43.4% of Nissan with full voting rights. And while these numbers make it appear like Nissan didn’t have much leverage in the deal, the Japanese automaker did have something that FCA desperately needs: advanced technology.
from Business - Latest - Google News http://bit.ly/2MBfbBq
via IFTTT
June 09, 2019 at 06:18AM
Tidak ada komentar:
Posting Komentar