Transportation
Renault Seeks Takeover Premium From Honda for Nissan Stake
- French carmaker said to have voiced concerns over tie-up plans
- Planned combination would effectively mean Honda buying Nissan
A vehicle transporter leaves the Renault automobile plant in Flins, France.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
Renault SA wants a premium for its stake in Nissan Motor Co. if Honda Motor Co. takes over control of the rival Japanese automaker, according to people familiar with the matter.
Representatives for the French carmaker, which owns 36% of Nissan, flew to Japan earlier this week to voice concerns over how a tie-up may be structured, the people said, declining to be named because the talks are private. Renault wants to ensure that Nissan’s value is fully recognized irrespective of the exact nature of a combination, they said.