Renault shares gain on Honda-Nissan tie-up talks
Honda
PARIS : Renault shares surged 6 per cent on Wednesday as analysts highlighted financial and strategic benefits for the automaker from a potential Honda and Nissan merger. Japan's number two and three carmakers are in talks to deepen ties, including a possible merger, two people said, as they come under growing pressure from Tesla and Chinese rivals. France's Renault owns 17 per cent of Nissan and 18.7 per cent via a French trust, making it Nissan's top shareholder, even after the two firms
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