02 June 2004 05:00
Renault seeks controlling stake in Avtoframos
He was commenting on an announcement by sources in the Moscow
government that the City of Moscow and Renault recently reached an
PARIS. June 2 (Interfax) - Renault confirmed it is interested in acquiring a controlling stake in the Russian-French
joint venture Avtoframos, General Director of Avtoframos Jean-Michel Jalinier told Interfax.
agreement that Moscow would sell part of its shares in Avtoframos to Renault. Renault and the City of Moscow
currently have a 50-50% share in Avtoframos.
"If the City of Moscow will sell some of its shares, Renault will do everything possible to acquire them,"
Jalinier said. [RU ASIA EUROPE EEU EMRG FR WEU AUT CORA MRG STX] rm pr
[Interfax] |
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