Renault+Nissan= ?

2 April 2018

Came insider information on the preparation of the merger of Renault and Nissan in a single automaker

According to insider information from the authoritative Agency Bloomberg, the company Renault and Nissan Motor have secret talks about merging and creating a new global automaker, which will be presented on the stock exchange as a single Corporation.
The deal will end the present Alliance between companies, existing since 1999, being merged into a single Corporation. Currently, Renault owns 43 percent of the shares of the company of Nissan Motor, while the Japanese automaker in turn owns a 15 percent stake in its French colleagues. According to insiders, the CEO of both companies – a 64-year-old Carlos Ghosn, who are due for retirement, is negotiating to keep his job in the combined company.

Renault CEO Carlos Ghosn thinks seriously about the future of the Renault-Nissan Alliance

The sides are discussing a deal in which Nissan, in fact, inferior to Renault shareholders the shares of the company. Nissan shareholders will also receive shares in the new company in exchange for their "nissanusa" assets. At issue is the location of the headquarters of the new global producer. The headquarters of the merged company may be in Japan or France, but perhaps more likely it will move to London or to the Netherlands, where, for example, is a formal, legal address for the TRANS-Atlantic automaker FiatChrysler (FCA), which retains its headquarters in Italy and the United States.

The Prototype Renault Symbioz

  And yet it is not even the main obstacle to the merger. So, the French government owns 15 percent stake in Renault may not want to relinquish control over its shares or to impose a deal his veto. Even in the event of a fundamental agreement, the two governments – French and Japanese will have to approve the deal officially and firmly decide where (in the fiscal sense) to base the new joint company.

Final decision yet

Insiders say that no decisions have been made yet and negotiations, which have lasted for several months until you can bring the deal to completion.
Press Secretary of the Renault-Nissan Alliance said that the group does not comment on rumors and speculation, while the representative of the Ministry of Finance of France, declined to comment. Representatives of Nissan and Renault also has refused comments.
However, Reuters reported earlier in February that Nissan is negotiating the purchase of the main package of shares of Renault the French government. However, Renault-Nissan Alliance, said that any talk about the purchase of the shares involving the parties were "pure speculation".

Renault is promoting the drone and EZ-GO

Previously, Mr. Ghosn promised to strengthen the partnership with Renault Nissan, said that the company needs to develop a plan to "make the Alliance permanent." On his 64th birthday last year he refused the role of CEO at Nissan to focus on the preparation of the draft of the new partnerships.
The company aim to double the synergetic effect with the increase of capitalization to €10 billion ($12.2 billion) by 2022, compared 2016.

Concept Nissan IMx

In April this year, Mitsubishi Motors Corporation, the largest shareholder of which is Nissan – will be more deeply integrated into the Alliance, uniting with it the purchasing.
It is projected that global sales of the combined group will amount to 14 million by 2022, compared with 10.6 million in 2017. Today, the largest automaker in the world – the Volkswagen Group sold last year to 10.7 million vehicles.

Elysee Palace vs

  Although both companies claim the many benefits from its partnerships, its survival may be in question, as the proportion of share of future owners of the company are still to be agreed.

Perhaps it is the way Renault will be the most faithful

Carlos Ghosn has confirmed that Japan will not agree to more rigorous structure of the Corporation, if the French government remains a shareholder. He also said that he is not trying to convince French officials to reduce the state stake in Renault.
"They decide to stay or leave," he said. "Honestly, I don't even hint on the subject. I just think that I have such shareholders, which is, and I try to meet their requests in the best way and how to ensure they understand our strategy and overestimate our results"..