PARIS (Reuters) - Japanese conglomerate Mitsubishi Corp (T:8058) could potentially take a 10% stake in French carmaker Renault (PA:RENA) as part of scenarios being discussed to reinforce an alliance between Renault, Nissan (T:7201) and Mitsubishi Motors, Les Echos newspaper reported on Thursday.
Restructuring plans, plant closures and cost savings schemes are being discussed, with changes in the capital structure of the three-way alliance also envisaged, Les Echos reported.
Renault could not be reached for immediate comment.
At present, Mitsubishi Corp has a 20% stake in Mitsubishi Motors, which counts Japan's Nissan as its biggest shareholder.
Nissan in turn owns 15% of Renault and Renault has 43% of Nissan.