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Renault takes full control of Chennai plant in India, acquires Nissan’s 51% stake in RNAIPL
On August 1, Renault Group announced it had acquired Nissan’s remaining 51% stake in their joint manufacturing company, Renault Nissan Automotive India Private Ltd (RNAIPL), making Renault the sole owner of the Chennai plant. With this acquisition, RNAIPL will now be fully consolidated into Renault Group’s financial ....
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