Investing.com -- Renault SA (OTC:RNLSY), the French automaker, is demanding a premium for its 36% stake in Nissan (OTC:NSANY) Motor Co., in the event that Honda Motor Co (NYSE:HMC). takes over the Japanese rival, according to a Wednesday report by Bloomberg.
Earlier this week, representatives from Renault (EPA:RENA), the main shareholder of Nissan, traveled to Japan to express their concerns about the possible structure of a potential merger. It is said that Renault aims to make sure that Nissan's value is fully acknowledged, regardless of the specifics of the merger.
A spokesperson for Renault, while not going into detail, stated that as Nissan's primary shareholder, Renault will explore all possibilities, keeping in mind the best interests of the group and its shareholders.
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