Renault Cuts Stake in Nissan Motor to 42% From 43%, Filing Shows

Renault SA trimmed its stake in alliance partner Nissan Motor Co. by 1 percentage point, according to a regulatory filing.

The French automaker now owns 42.4 percent of Nissan shares, down from 43.4 percent the Japanese company said in a filing with Japan’s Finance Ministry. The filing doesn’t specify a rationale for Renault’s sale of the stock.

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