Renault Board Said to Vote in Favor of Nissan Alliance Reset

Renault Board Said to Vote in Favor of Nissan Alliance Reset
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Renault SA directors agreed to a landmark deal to rebalance the carmaker’s troubled two-decade alliance with Japanese partner Nissan Motor Co., according to two people familiar with the situation.

The board meeting, held late on Sunday, will be followed by a meeting of Nissan directors in the early European morning Monday, said the people, who asked not to be identified discussing private matters.