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Home / Renault sells stake in Russia's Avtovaz, with buyback option

Renault sells stake in Russia's Avtovaz, with buyback option

Posted on May 16, 2022May 16, 2022 by admin

Renault will sell its majority stake in carmaker Avtovaz to a Russian science institute, the French carmaker said on Monday, adding that the deal included a six-year option to buy back the stake.
Source: ctv business
Renault sells stake in Russia’s Avtovaz, with buyback option

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