Advanced. With an advance of 10 Euros on our buy advice dating from October, the Renault stock is in a nice bullish configuration. The substantive work carried out by Luca de Meo is starting to pay off… The latest announcements relate to the reduction of participation in Nissan. Renault will only hold 15% of the Japanese manufacturer against 43.4% today. The surplus shares will be transferred to a trust which will sell them gradually without time constraints… In view of Nissan’s current prices, this block is valued at 3.7 billion euros.
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