Renault : new sale of Nissan shares
This new sale is the result of Nissan exercising its right of first offer, following a notification from the French carmaker expressing its intention to sell 280,690,000 Nissan shares.690,000 Nissan shares.
Assuming a Nissan share price of 593.4 yen, this disposal would result in a positive cash flow of up to 362 million euros at the transaction date, but a capital loss of up to 450 million, which would impact consolidated net income.
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