Luca de Meo, CEO of Renault
RENA.PA, said on Monday:
* RENAULT HAS DECIDED TO CANCEL THE IPO OF AMÈRE DUE TO CURRENT MARKET CONDITIONS AND THE GROUP’S CAPACITY TO GENERATE CASH – DG
* NISSAN AND MITSUBISHI HAVE EXPRESSED INTEREST IN AN INVESTMENT IN AMPERE EVEN WITHOUT IPO – DIRFIN DE RENAULT
* QUALCOMM’S INVESTMENT IN AMPERE DEPENDED ON THE IPO, RENAULT WILL HAVE TO DISCUSS WITH QUALCOMM – DIRFIN RENAULT
For more details, click on RENA.PA
(Paris editorial team)