Daimler and Renault are in the final stages of wide-ranging strategic partnership talks that would involve the German and French carmakers taking “symbolic” minority stakes in each other.
The carmakers are close to a final decision over an alliance that would involve a small cross-shareholding and that is likely to be announced in April, people close to the situation told the Financial Times.
The mutual stake would be in the range of 3 per cent, just above the threshold whereby shareholdings have to be made public, one of the observers said.
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