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Renault shares fall back as Nissan say no plans to change ownership ties

Reuters  |  PARIS 

PARIS (Reuters) - Renault shares fell in early session trading on Thursday, as Nissan said the Renault-Nissan-Mitsubishi alliance had no plans to change the cross-shareholding ratios of its member companies, echoing views from the French government.Renault shares were down 1.4 percent in early session trading, giving up some of the gains it made in the previous day, when the stock had ended 5.6 percent higher.Renault shares rallied on March 7, after Reuters reported that Renault and its alliance partner Nissan were discussing plans for a closer tie-up in which the Japanese carmaker would ...

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First Published: Thu, March 08 2018. 16:32 IST