Renault to transfer Avtovaz stake to Moscow government -Interfax ...Middle East

Opinion by : (Devdiscourse) - Tuesday 26/04/2022 - 11:58 PM (2022-4-26)

Renault SA will transfer its 68% stake in Russian carmaker Avtovaz AO to the Moscow government for a nominal sum but can buy the stake back, Interfax cited Russian Trade Minister Denis Manturov as saying on Tuesday.

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