Renault to take $11 billion charge over revised accounting of Nissan stake

1 week ago 2

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Renault Group (OTCPK:RNSDF) on Tuesday said it would record a €9.5 billion ($11.2 billion) non-cash loss in the first half of the year due to changes in how it accounts for its stake in Nissan (OTCPK:NSANY).

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