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RENAULT : ACQUISITION OF THE NISSAN'S SHARE IN ALLIANCE ROSTEC AUTO B.V

GlobeNewswire


Renault SA
13/15 quai Alphonse Le Gallo
92100 Boulogne-Billancourt

Boulogne-Billancourt, September 19th, 2017

As part of the on-going process for restructuring AVTOVAZ`s capital, Groupe Renault has acquired the 9.15% share that its Alliance partner Nissan owns in the J.V. Alliance Rostec Auto B.V. (ARA BV), the major shareholder of AVTOVAZ PJSC with 64,6% of its capital.

En conséquence, conformément aux normes en vigueur, le Groupe Renault consolidera le bilan d`AVTOVAZ au 31 décembre 2016, et son compte de résultats à partir du 1er janvier 2017.

ACQUISITION NISSAN SHARE IN ALLIANCE ROSTEC AUTO BV


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: RENAULT via GlobeNewswire
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