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France wants Nissan-Renault integration, its man to replace Ghosn: Report

French delegation reaches out to Japan; Nissan tight-lipped so far

Reuters  |  Tokyo 

Carlos Ghosn
Nissan ex-chairman Carlos Ghosn, detained in Tokyo since November 19, has been indicted on charges of under-reporting his salary for eight years, and temporarily transferring personal investment losses to Nissan during the global financial crisis

A delegation has informed Tokyo that it would seek an integration of and Nissan, most likely under the umbrella of a single holding company, reported on Sunday.

The delegation, which included French government-designated director Martin Vial, also said that it wanted to name Nissan's next chairman, according to the report. was not immediately available for comment.

ex-chairman Carlos Ghosn, arrested and detained in Tokyo since November 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to during the global financial crisis. Ghosn has denied all charges.

The has requested hold a board meeting in coming days to replace Ghosn. Finance Minister said in a newspaper interview published on Sunday that Chief Executive could be a good choice to head Renault.

"The French state, as shareholder, will have its say. What I can tell you, is that has a renowned competence with regards to the automobile industry," Le Maire told France's Journal du Dimanche newspaper.

First Published: Sun, January 20 2019. 08:24 IST
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