TOKYO, Dec 3 (Reuters) – Renault SA (RENA.PA) and Nissan Motor Co (7201.T) are set to forgo a Wednesday announcement of a deal to restructure their automotive alliance as they battle to bridge their variations, three individuals aware of the matter mentioned.
Of their discussions, Renault is seeking to Nissan to put money into its electrical automobile enterprise, whereas Nissan is searching for the sale of a part of Renault’s 43% stake in Nissan to place the 2 companions on a extra equal footing.
The French and Japanese carmakers remained aside on tips on how to share mental property, the individuals, who declined to be named, mentioned.
Renault and Nissan declined to remark.
Japanese tv community JNN first reported the information on Friday night time.
The businesses have been aiming to announce the brand new alliance construction as early as this month, Reuters reported this week.
If extra time is required in negotiations, the businesses might choose to satisfy every week later from Dec.7 and are planning to be prepared for an announcement the next week in London, sources informed Reuters.
The query of tips on how to share expertise and mental property has proved to be a sticking level within the talks.
Reporting by Sakura Murakami, Maki Shiraki and Norihiko Shirouzu; Writing by Satoshi Sugiyama; Enhancing by Shri Navaratnam, William Mallard, Kirsten Donovan
: .
