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Renault chairman: Not ruling out any mid-term options after Russia exit

Nissan pushes partner Renault to sell down stake, may raise funds -source
Nissan pushes partner Renault to sell down stake, may raise funds -source Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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PARIS - Renault's chairman on Wednesday said that the company had not ruled out any mid-term business options with regards to Russia, even though it took the decision to pull out of the country in reaction to the invasion of Ukraine.

Addressing shareholders at the start of the carmaker's annual general meeting, Chairman Jean-Dominique Senard reiterated that the deal on Renault's Russia exit included the option to buy back assets "in case the political and economic conditions make this option relevant".

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