BRIEF-Renault Group, Geely Holding Sign Framework Agreement For Cooperation In Brazil

Reuters
18 Feb
BRIEF-Renault Group, Geely Holding Sign Framework Agreement For Cooperation In Brazil

Feb 17 (Reuters) - Renault SA RENA.PA:

  • RENAULT GROUP AND GEELY HOLDING GROUP SIGN A FRAMEWORK AGREEMENT FOR A NEW STRATEGIC COOPERATION IN BRAZIL

  • RENAULT DO BRASIL WOULD WELCOME GEELY HOLDING AS A NEW PARTNER

  • ENTRY INTO RENAULT DO BRASIL VENTURE WOULD ENABLE GEELY HOLDING TO ACCESS RENAULT GROUP'S AYRTON SENNA INDUSTRIAL COMPLEX

  • RENAULT DO BRASIL WOULD BECOME A DISTRIBUTOR OF GEELY HOLDING PORTFOLIO OF ZERO AND LOW EMISSION VEHICLE PRODUCTS IN COUNTRY

  • GEELY HOLDING WOULD INVEST IN RENAULT DO BRASIL TO BECOME A MINORITY SHAREHOLDER

Source text: ID:nGNE5Y3nr2

Further company coverage: RENA.PA

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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